Drawback rates amended for knitted apparel: FOB-based percentages and per-piece ceilings now specified where CENVAT not availed.
Amendment to Notification No.26/2003-Customs(N.T.) replaces table entries in Chapter 61 for specified knitted or crocheted apparel where CENVAT has not been availed, prescribing FOB-based drawback percentages with corresponding maximum per-piece limits and associated column rates. The substitution affects shirts/blouses/tops, trousers/pants, cotton sweaters/cardigans/pullovers, knitted dresses (including pyjama suits and nightgowns) and other knitwear/hosiery made of cotton, polyester or cellulosic yarn. The amendment is effective from 7th April 2003 and is issued under the Customs and Central Excise Duties Drawback Rules, 1995.

Tax exemption notification under clause 23C(iv) grants recognition subject to operational, investment and reporting conditions.
Notification designates Maharashtra State Bharat Scouts and Guides, Mumbai as eligible under clause (23C)(iv) of section 10 for assessment years 1998-1999 to 2000-2001, conditional on applying income wholly to its objects, restricting investments to modes under section 11(5) (except certain voluntary contributions), treating business income as incidental only with separate books, filing regular income-tax returns, and transferring surplus and assets on dissolution to a like charitable organization.

Tax exemption notification requires exclusive application of income and specified investment, accounting, filing, and dissolution conditions.
Notification designates Goods Transport Labour Board, Mumbai as eligible for tax exemption under the specified clause of the Income-tax Act for designated assessment years, conditioned on wholly and exclusively applying or accumulating income for its objects; restricting investments to modes permitted by the Act (with limited exceptions for voluntary contributions held as movable items); excluding business profits unless incidental and separately accounted; regular filing of income-tax returns; and on dissolution transferring surplus assets to a charitable organization with similar objectives.

Income-tax exemption recognition granted to charitable trust, subject to exclusive application of income and compliance conditions.
The Central Government notifies the Waharona Rana Pratap Smarak Samiti for income-tax exemption subject to conditions: income must be applied or accumulated exclusively to the assessee's objects; investments and deposits are limited to authorised forms (except certain voluntary contributions in kind); business income is excluded unless incidental with separate accounts; the assessee must regularly file income-tax returns; and on dissolution surplus assets must transfer to a similarly purposed charitable organisation.

Renewal of recognition requires settlement guarantee fund approval and members to hold unencumbered base minimum capital before trading.
Renewal of recognition is granted to Coimbatore Stock Exchange Ltd. for one year, conditional on commencement of trading only after final approval of a Settlement Guarantee Fund/Trade Guarantee Fund, ensuring every member maintains adequate Base Minimum Capital free from encumbrances before trading, and compliance with recommendations from the recent regulatory inspection report.

Cenvat quarterly return prescribes required invoice and credit-document particulars and signatory obligations for registered dealers.
Notification prescribes the quarterly return form under sub-rule (6) of rule 7 of the CENVAT Credit Rules, 2002, requiring dealer identification, detailed invoice particulars (number/date, goods description, tariff heading, quantity, duty) and particulars of documents by which credit is passed (invoice/bill of entry details, supplier identity, goods description, tariff heading, duty), plus place, date, signature, designation and seal of the registered person or authorised signatory; effective from 1 October 2003.

Monthly return requirement: Form ER-2 prescribed for excisable goods and receipt of inputs and capital goods.
Prescribes Form E.R.-2 as the mandated monthly return format for manufacturers of excisable goods to report production and receipt of inputs and capital goods under the Central Excise Rules, 2002, made pursuant to sub rule (3) of rule 17, superseding Notification No. 49/2001 CE(N.T.), and effective from 1 October 2003; the record notes later supersession by Notification No. 26/2004 CE(N.T.).

Cenvat credit forms prescribed: mandating ER 1 and ER 3 for monthly returns and credit reporting under Central Excise rules.
The Board prescribes specified forms for reporting production, removal of goods and CENVAT credit particulars: Form ER 1 as the monthly return for production and removal and associated CENVAT credit information and Form ER 3 as the complementary prescribed form; this specification supersedes the earlier notification and establishes the forms as the mandated reporting mechanism under the Central Excise Rules and CENVAT Credit Rules.

CENVAT credit entitlement revised: new admissible credit computation and altered return filing timelines for EOUs and park units.
Amendments revise Rule 3 to prescribe a formula for determining admissible CENVAT credit for supplies to 100% export oriented undertakings and units in Electronic Hardware Technology Parks and Software Technology Parks when inputs or capital goods are used in manufacture elsewhere in India; Rule 4 adds "moulds and dies" to specified inputs; Rule 7 alters return filing frequencies and timelines for manufacturers and dealers; Form 1 and Form 2 are omitted.

Monthly return filing requirement mandates units to submit returns within ten days for excisable goods and input receipts.
Rule 17(3) is substituted to require units to submit a monthly return, in the form specified by the Board, to the Superintendent of Central Excise reporting excisable goods manufactured and receipt of inputs and capital goods, within ten days from the close of the relevant month.

Certificate requirements for royalty income: prescribed forms must be furnished and filed with returns; foreign exchange authority specified.
The amendment mandates that payments to authors in respect of royalties or lump-sum rights be supported by a verified certificate in Form No. 10CCD furnished by the person responsible for payment and filed with the return of income; it also prescribes Form No. 10H for related deduction claims and designates the Reserve Bank or other authorised foreign-exchange authority as the prescribed authority for specified certifications.

Approval under section 10(23G) grants tax benefit to infrastructure provider subject to compliance and audit obligations.
Approval is granted to M/s Idea Cellular Ltd. under section 10(23G) read with rule 2E for assessment years 2002 2005 for its licensed cellular projects in Maharashtra and Gujarat. The approval is conditional on conformity with the statutory provision and rule 2E; the Central Government may withdraw approval if the undertaking ceases to provide an infrastructure facility, fails to maintain books or obtain audits as required, or fails to furnish the mandated audit report.

Approval for scientific research association under section 35(1) requires separate research accounts and mandated reporting to authorities.
Approval is granted to M/s National Institute of Rock Mechanics Champion Reefs Post as a notified Association under section 35(1) of the Income-tax Act, subject to maintaining separate books for research activities and to timely filing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May and submission of audited accounts and audited income & expenditure statements for research activities to designated income-tax and scientific authorities by 31 October each year.

Tax approval under section 10(23G) granted for hydro power project, conditional on continued infrastructure status and audited accounts.
Approval is granted to M/s. Jaiprakash Hydro Power Limited for tax-exempt status under section 10(23G) read with rule 2E for its 300 MW Baspa II hydro-electric power project; the grant is conditional on compliance with the Act and Rules, maintenance of books of account, obtaining the audit required by sub-rule (7) of rule 2E and furnishing the prescribed audit report, and is subject to withdrawal if the undertaking ceases the infrastructure activity or fails the audit or reporting requirements.

Rate of interest set for section 28AB purposes, superseding earlier customs notification and prescribing the operative interest measure.
The Central Government, under section 28AB of the Customs Act, 1962, hereby fixes the rate of interest for the purposes of that section and supersedes Government notification No.27/2002 Customs (N.T.), dated 13th May 2002, except as respects things done or omitted to be done before such supersession, thereby establishing the operative interest measure for future applications of section 28AB.

Interest rate fixation for customs dues under statutory provision, superseding prior notice while preserving prior acts.
The Central Government, invoking the statutory interest provision under the Customs Act, supersedes the earlier notification dated 13 May 2002 and prescribes an interest rate for the purposes of that provision, while expressly saving actions or omissions completed before the supersession.

Interest rate fixation for central excise obligations establishes the applicable annual rate under statutory authority.
Fixes the statutory annual interest rate at Fifteen percent per annum for purposes of section 11DD of the Central Excise Act, 1944, by an official notification in exercise of the Central Government's powers, declaring the applicable interest rate for central excise-related liabilities and calculations under that provision.

Interest rate fixation under section 11BB establishes a uniform annual rate and supersedes an earlier notification with a saving clause.
Prescribes a statutory annual interest rate under section 11BB of the Central Excise Act, 1944 and, exercising powers under that section, fixes a uniform rate of interest while expressly superseding the earlier notification No. 17/2002-Central Excise (NT) dated 13th May, 2002, subject to a saving for things done or omitted before such supersession.

Interest on delayed duty payments set by statute under section 11AB, fixing an annual rate and superseding prior notification.
Fixes the rate of interest on delayed payment of central excise duty at thirteen percent per annum under the authority of section 11AB of the Central Excise Act, 1944, and supersedes the earlier notification of the Ministry of Finance, except as to matters done or omitted before such supersession.

Customs corrigendum clarifies goods description and scope for CENVAT applicability after amending tariff entry wording.
Corrigendum to Notification No.26/2003-Customs (N.T.) amends the Chapter 56 entry to read: "Ropes, twines, yarns, tapes/strips and articles made out of ropes/twines; made out of plastic materials other than reinforced plastics, when CENVAT facility has been availed"-a textual clarification of goods description and scope for customs classification and CENVAT applicability.