Customs exemption for medical-equipment spare parts limits payable duty and requires import undertakings, use evidence, and repayment on breach.
Exempts spare parts (excluding populated printed circuit boards and ball bearings) imported for maintenance of specified medical equipment from customs duty in excess of a capped ad valorem rate of fifteen percent, subject to an undertaking at importation that the parts will be used for that purpose, production of satisfactory evidence of use within three months or an extended period, and repayment of the duty difference on demand in case of non compliance.

Customs exemption for medical equipment components and spare parts: conditional duty relief on imports for manufacture or maintenance.
Amendment substitutes the prior general description with "the goods" and replaces the Other Medical Equipments entries with a comprehensive enumerated list. It provides that components imported for manufacture and spare parts (except populated printed circuit boards and ball bearings) imported for maintenance shall be exempt from customs duty to the extent duty exceeds a capped ad valorem amount, subject to an importer's undertaking and post-importation proof of use and payment obligations if conditions are not met.

Life saving equipment exemption expanded: comprehensive list of medical devices eligible for customs relief, with specified exclusions.
Substitution of the heading "Life Saving Equipments" in Notification No. 208/81 Customs lists specified medical devices, instruments, kits, implants, imaging and radiotherapy systems, respirators, dialysis and transplant equipment, catheters, pacemakers, and related ancillaries as eligible for customs exemption under the Government's power under the Customs Act. The schedule explicitly includes spare parts and accessories for listed items and prescribes specific exclusions, including certain components of D.C. defibrillators, specified nebulizer types, and excludes Foley Balloon catheters.

Excise exemption limits central excise liability on specified medicinal goods by capping duty at a fixed ad valorem rate.
Central Government exempts specified medicinal-grade chemicals and anaesthetics from that portion of central excise duty in excess of an ad valorem rate of 5%, identifying the affected goods by their Central Excise Tariff chapter headings and listing medicinal grade hydrogen peroxide, medicinal grade oxygen, and anaesthetics in the annexed Table.

Notification amendment removes specified table entries, withdrawing exemptions related to medical grade gases and adjusting excise coverage.
The Central Government, exercising powers under Section 5A of the Central Excises and Salt Act, 1944, amends Notification No. 6/94-Central Excises by omitting Serial Numbers 7, 8 and 9 and their corresponding entries from the Table annexed to that notification, thereby removing those listed exemptions related to medical grade gases.

Rescission of notification removes a central excise exemption for medical equipment under statutory executive power.
The Central Government, exercising powers under sub section (1) of section 5A of the Central Excises and Salt Act, 1944, hereby rescinds Notification No. 116/88 Central Excises dated 1st March, 1988 by issuing Notification No. 112/94 dated 3rd June, 1994, the rescission being taken on the stated ground of necessity in the public interest and resulting in withdrawal of the prior excise notification concerning medical equipment.

Excise duty cap for medical instruments: liability limited to a specified ad valorem rate under notification.
Exemption limits excise liability on specified medical, surgical, dental and veterinary instruments to an ad valorem duty of five percent by exempting that portion of duty in excess of the five percent rate for goods falling under the enumerated tariff headings, as set out in the notification dated 3-6-1994; the Table lists the relevant headings and describes the covered goods as all goods within those headings or all goods for medical, surgical, dental or veterinary use.

Excise duty on medical, surgical and veterinary furniture prescribed under amended central excise notification, adding a specific ad valorem rate.
Amendment to Notification No. 55/94 Central Excises adds a new tariff entry subjecting medical, surgical, dental and veterinary furniture and parts thereof to an ad valorem duty, effected under the powers of sub section (1) of section 5A of the Central Excises and Salt Act, 1944, and described in the Table annexed to the notification as a distinct serial entry.

Jurisdictional allocation clarified: Allahabad designated to hear appeals against the Lucknow preventive customs collector.
The notification amends a prior notification by substituting the table entry for serial number 10 to identify the Central Excise Collectorates at Allahabad and Kanpur and the Preventive Collectorate at Lucknow in Uttar Pradesh, thereby designating the appellate forum for appeals against the Collector of Customs (Preventive), Lucknow under the statute.

Customs notification amendment adds Collector of Customs (Preventive), Lucknow to the designated list under the Customs Act.
The Central Government, under sub section (1) of section 4 of the Customs Act, 1962, amends Notification No. 56/92 Customs (N.T.) by adding, in the Table against serial number 1, column (2), a new item: item number 7, Collector of Customs (Preventive), Lucknow, thereby including that designation among the specified proper officers.

Appointment of Customs Officers extended to specified states and districts, defining preventive collectors and subordinate officers.
The Central Government amends the earlier notification by substituting the Uttar Pradesh entry to designate the Collector of Customs (Preventive), Lucknow, an Additional Collector (Preventive), and Deputy and Assistant Collectors operating under that Collector; and by adding an entry covering the whole of Bihar, specified West Bengal subdivisions, and Sikkim, designating the Collector of Customs (Preventive), Patna, an Additional Collector at Muzaffarpur, and Deputy and Assistant Collectors under the control of the Collector of Customs (Preventive), Patna.

Drawback on imported materials: substitution of specified export goods entries altering notified item descriptions under customs amendment.
The Central Government amends Notification No. 44/91 Customs by substituting specified entries in the Table to govern drawback eligibility for imported materials used in exported goods: S. No. 35 becomes "J-Acid", S. No. 40 "Tobias Acid", S. No. 41 "Polyester Resin (Saturated)", and S. No. 68 "Benzanthrone".

Approval under section 36(1)(viii) granted to GLFL Housing Finance Limited, conditional on statutory compliance.
The Central Government approves GLFL Housing Finance Limited, Ahmedabad, under section 36(1)(viii) of the Income tax Act, 1961 for the assessment year named in the notification, subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii).

Approval under section 36(1)(viii): Dewan Housing Development Finance Ltd approved subject to compliance for specified assessment years.
Central Government approval is granted to Dewan Housing Development Finance Limited under section 36(1)(viii) of the Income-tax Act, 1961 for the assessment years 1993-94 to 1995-96, subject to the condition that the company shall conform to and comply with the provisions of section 36(1)(viii) of the Act, as notified by S.O.1409 dated 31-5-1994.

Approval under section 36(1)(viii) permits tax treatment for a housing finance company subject to statutory compliance.
Approval is granted to Vidarbha Housing Development Finance Company Limited under section 36(1)(viii) of the Income-tax Act by Notification S.O.1408 dated 31-5-1994, subject to the condition that the company conform to and comply with the provisions of section 36(1)(viii) to retain approved status.

Tax approval for conservation programmes enables donor-deduction eligibility subject to annual reporting, audited accounts, and authority review.
Approval is granted to Tirumala Tirupati Devasthanams for two specified forest conservation programmes for the period 1 4 1993 to 31 3 1996, subject to conditions: maintain separate donation accounts for conservation and ecological maintenance; furnish annual progress reports by 30 June; submit audited annual accounts and programme-wise balance sheets by 30 June; and accept that the prescribed authority may withdraw approval, including retrospectively, if not satisfied.

Approval under section 36(1)(viii) granted to Ind Bank Housing Limited subject to compliance for specified assessment years.
Approval under section 36(1)(viii) of the Income tax Act is granted to Ind Bank Housing Limited, Madras, for the purpose of that clause for specified assessment years, subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii).

Tax approval under section 36(1)(viii) grants company deductibility subject to statutory compliance for specified assessment years.
Approval is granted to Credit Capital Venture Fund (India) Limited as a company for purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the specified assessment years, subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii).

Exchange rate determination for export goods establishes official currency conversion rates for customs application.
The Central Government determines the rate of exchange between specified foreign currencies and Indian rupees for export goods, superseding the prior notification; Schedule I lists rupee equivalents per one unit of named currencies and Schedule II lists rupee equivalents per one hundred units, and those rates operate from the stated effective date for application in export-related customs matters.

Exchange rate determination prescribes conversion rates governing stamp duty and customs valuation for specified foreign currencies.
Prescribes the operative rate of exchange for specified foreign currencies for purposes of calculating stamp duty and determining values of imported goods under the Customs Act, superseding the earlier notification; rates set out in Schedule I (per one unit) and Schedule II (per 100 units) are declared the conversion rates to be used for conversion into Indian rupees and vice versa.