Excise exemption for umbrellas under heading 6601 removes the excise duty levy on those goods in the tariff schedule.
Exemption of umbrellas and their parts from excise duty under tariff classification Heading 6601, with the government exempting all goods under sub heading 6601.00 of the Central Excise Tariff Schedule from the whole of the excise duty leviable thereon on public interest grounds.

Excise exemption for soap produced without power or steam for heating conditions duty relief on non-use of powered heating.
The notification adds a tariff entry exempting soap from central excise provided that, in or in relation to its manufacture, no process has been carried on with the aid of power or of steam for heating; the exemption is effected by amendment to the Table of the earlier notification under the excise statute.

Excise exemption for corrugated packaging: packaging and certain converted paper exempted when manufacture intent and production conditions met.
The notification adds exemptions for cartons, boxes, containers and cases of corrugated paper or paperboard and for corrugated paper or paperboard; converted paper and paperboard are exempt only when intended for manufacture of those packaging items and not produced in a factory that manufactures paper or paperboard from pulp. "Corrugated paper or paperboard" is defined to include single faced or double faced constructions and heavier multi ply boards built with alternating corrugated and flat layers.

Additional duty on knitted man made textile fabrics imposed, amending prior notifications to require ad valorem tariff treatment.
The Central Government, under statutory powers in the Central Excises and Salt Act, 1944 and the Additional Duties of Excise Act, 1957, amends prior notifications to impose an ad valorem duty on knitted or crocheted fabrics of man made textile material under sub heading 6001.12. Notification No. 33/94 is revised to substitute Table entry S. No. 4 identifying sub heading 6001.12 as "all goods" subject to the ad valorem duty, and Notification No. 63/94 is amended by omission of its S. No. 4 entry.

Interest waiver for post year orders creating income, allowed when income is disclosed and attributable tax paid.
Reduction or waiver of interest under sections 234A, 234B and 234C is permitted where income arises for a previous year due to a post year court, statutory or government order (excluding assessment/appeal/reference/revision orders), provided the relevant income is disclosed in the return or to the Assessing Officer and the tax attributable to that income is paid. Periods for relief are specified per section and the relief equals the difference between interest computed including the relevant income and interest computed after excluding it. The direction applies to relevant orders from the stated commencement date.

Exemption for printing frames intended for use within a manufacturer's factories granted subject to prescribed Central Excise Rules procedure.
The notification amends existing central excise notifications by omitting a former concessional duty entry and inserting a new exemption for printing frames used in textile printing. The exemption covers frames intended for use within the factory of production or in another factory of the same manufacturer, conditional on following the procedural requirements set out in Chapter X of the Central Excise Rules.

Customs port extension: Krishnapatnam remains authorised for unloading of fertilizer by amendment of the notification expiry.
Extension of a prior customs notification designates Krishnapatnam (Andhra) as a permissible Customs port for unloading fertilizer by substituting the previously specified expiry with a later date, thereby prolonging the period during which Krishnapatnam remains authorised to receive fertilizer consignments under the non tariff notification regime.

Approval under section 36(1)(viii) grants company recognition for clause purposes for specified assessment years, subject to compliance.
Approval is granted to Risk Capital and Technology Finance Corporation Ltd., New Delhi, under section 36(1)(viii) of the Income-tax Act, 1961, designating the entity as a company for the purposes of that clause for specified assessment years, subject to the condition that the company conform to and comply with the provisions of section 36(1)(viii).

Delegation of central excise powers withdrawn; prior vesting of Collector's authority in Director of NACE & N revoked.
The Central Board of Excise and Customs, invoking powers under the Central Excises and Salt Act and the Central Excise Rules, rescinds Notification No. 13/94 Central Excises (N.T.) dated 2 March 1994, withdrawing the prior vesting of certain powers of the Collector of Central Excise, Hyderabad in the Director of NACE & N, Madras, with immediate effect on public interest grounds.

Warehousing station designation: Village Dadra declared a warehousing station under section 9 of the Customs Act by CBEC.
Central Board of Excise and Customs, exercising powers under section 9 of the Customs Act, declares Village Dadra in the Union Territory of Dadra and Nagar Haveli to be a warehousing station by notification as a non-tariff administrative designation.

Extension of notification validity: four textile-related central excise notifications amended to extend their expiry period.
The Central Government, under section 5A of the Central Excises and Salt Act, 1944, amends Notifications No. 70/94, 77/94, 78/94 and 79/94 (textile-related, chapters 54 and 52) by substituting in paragraph 2 the original expiry wording so that the expiry date specified is changed from the 30th day of April to the 31st day of May, thereby extending the temporal validity of those notifications.

Exchange rate determination for export goods: government fixes prescribed conversion rates effective from the stated date.
The Central Government, invoking statutory power, prescribes the rate of exchange for specified foreign currencies for the purposes of Customs in relation to export goods, superseding the earlier notification and making the rates in the appended Schedule I (per one unit) and Schedule II (per 100 units) operative from 1 May 1994 as the conversion standard for export-related customs procedures.

Exchange rate determination for imported goods prescribed for customs and stamp duty, effective from 1 May 1994.
Prescribes rates of exchange for specified foreign currencies for use in calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act in respect of imported goods, issued under the cited statutory powers and superseding the earlier notification; Schedule I lists rupee equivalents per one unit of listed currencies and Schedule II lists rupee equivalents per one hundred units of listed currencies, the prescribed rates to apply from the notification's commencement.

Customs duty exemption for gold and silver imports under special licence, duty payable in convertible foreign currency.
Exempts from customs duty any amount exceeding the fixed effective rates on imports of gold and silver (Chapter 71) when covered by a Special Import Licence, and exempts the whole of additional duty under section 3; duty at the specified rates must be paid in convertible foreign currency from the Exchange Earnings Foreign Currency Account of the importer.

Approval under section 36(1)(viii): company granted approval for specified assessment years, conditional on compliance with the provision.
Approval is granted to Technology Development and Information Company of India Limited, Leo Complex, Bangalore, as a company for purposes of clause (viii) of sub section (1) of section 36 of the Income tax Act; the approval applies for the stated assessment years and is conditional on the company conforming to and complying with the provisions of section 36(1)(viii).

Approval under income tax clause 36(1)(viii): company recognition granted subject to statutory compliance for specified assessment years.
Approval was granted to Fairgrowth Home Finance Ltd., Bangalore, under clause (viii) of sub section (1) of section 36, recognising the company for the assessment years 1991-92 to 1994-95, subject to the condition that the company shall conform to and comply with the provisions of that clause as specified in the government notification.

Excise exemption for rubber balloons added, classifying them as nil-duty under the amended central excise notification.
An amendment to Notification No. 16/94-Central Excises inserts tariff item 4016.91 to exempt rubber balloons, specifying nil central excise duty, effected under the sub-section (1) power of section 5A of the Central Excises and Salt Act, 1944 as a public interest measure.

Excise duty reduction for targeted goods: notifications amended to impose revised specific and ad valorem rates.
The Government amends existing excise notifications by inserting two tariff entries: one imposing a specific duty per tonne for cement clinkers under the relevant heading with nil additional conditions, and another imposing a 20% ad valorem duty for pan masala under the specified heading, the amendments effected by alteration of the Tables to the cited notifications under statutory power exercised in the public interest.

Excise exemption for captive use in pump manufacture: specified inputs attract Nil duty when used within the factory.
An exemption inserts a new table entry providing a Nil excise rate for goods of Chapters 72, 73, 82, 83, 84 and 85 (except electrical stampings and laminations, bearings and winding wires) when such goods are used within the factory of production in the manufacture of the goods specified in the principal notification (pumps).

Rescission of excise notification removes prior tariff exemptions under statutory power, altering applicable excise treatment for specified chapters.
The Central Government, exercising the power conferred by sub section (1) of section 5A of the Central Excises and Salt Act, 1944, rescinds the earlier Government of India notification that granted miscellaneous exemptions for certain tariff chapters, determining that public interest requires withdrawal and thereby removing the prior exemption framework and restoring the general excise tariff treatment for the affected chapters.