Removal of warehoused goods without payment of duty: amendment revises notification to specify Bangalore including two localities.
Amendment under rule based authority substitutes item (zj) in clause (i), paragraph 2 of Notification No. 266/67 C.E., replacing its text with "Bangalore including Devangunthi and Yelahanka", thereby altering the territorial specification applicable to the removal of warehoused goods without payment of duty under the notification.

Designation change: Assistant Director (Cost) vested with powers of Assistant Collector (C.E.), replacing Cost Accounts Officers.
The Central Board amended Notification No. 209/85-Central Excises by directing that the words "Cost Accounts Officers" be substituted with "Assistant Director (Cost)" under the powers conferred by clause (b) of section 2 of the Central Excises and Salt Act, 1944 read with rule 4 of the Central Excise Rules, 1944.

Erythropoietin term substituted in customs exemption notification, updating description for tariff and exemption application administration.
Amendment substitutes the phrase "rHu Erythropoietin (Hemax)" with the word Erythropoietin in the opening paragraph of Notification No. 164/93-Customs, enacted by the Central Government under section 25(1) of the Customs Act, 1962 in the public interest to revise the descriptive terminology used in the tariff/exemption notification.

Recognition under Section 4 renewed for Magadh Stock Exchange, authorising contracts in securities for a two-year term.
Recognition is renewed to the Magadh Stock Exchange Association, Patna, under the powers of Section 4 of the Securities Contracts (Regulation) Act, 1956, following an application under Section 3 read with Rule 7 of the Securities Contracts (Regulations) Rules, 1957, on the grounds that renewal is in the interest of trade and the public; the notification records the statutory exercise of authority and administrative file reference.

Customs exemption expands scope to cover glass filament yarn and clarifies silane treated glass fabric for copper clad laminates.
The notification amends List B, Serial No. 13 of the earlier customs exemption by substituting the entry in column (3) to read Glass Filament Yarn (removing the prior end use limitation) and replacing column (4)'s wording with Silane treated Glass fabric/cloth for use in copper clad laminates, effected under section 25(1) of the Customs Act, 1962.

Specification of telephone bonds under income tax provision permits issuance of secured multi year redeemable non convertible bonds by MTNL.
Central Government specifies issuance of taxable secured redeemable non convertible telephone bonds by Mahanagar Telephone Nigam Ltd as the 10th Series Issue for purposes of the income tax provision, detailing three five year tranches identified by distinctive serial number ranges, aggregate issue amounts, denomination and the secured redeemable non convertible character of the bonds.

Customs exemption for aquaculture inputs enables duty-free import for export oriented production subject to approval and bond obligations.
Exemption from customs duty and additional duty is granted for specified goods imported for use in aquaculture farms by hundred per cent export oriented undertakings, subject to prior approval, execution of bonds, production of certificates of receipt and prescribed record-keeping, maintenance and periodic submission of accounts, fulfilment of export obligations for a specified period or percentage fixed by the Board, and conditions for re-export or domestic clearance on payment of duty where permitted.

Exemption of rubberised textile fabrics when used in the factory of production for manufacture of exempt or nil rated footwear.
The notification exempts rubberised textile fabrics from the whole of the excise duty leviable thereon under the statutory power in section 5A, but only when those fabrics are used in the factory of their production for the manufacture of footwear that are exempt or chargeable to a nil rate of excise duty.

Specification under section 10(23D) designates CRB Mutual Fund as a mutual fund for tax purposes.
Specification under section 10(23D) designates CRB Mutual Fund as a mutual fund for the purposes of that clause, the Central Government having notified the fund as authorised by SEBI and registered under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1993.

Appointment of Adjudicating Authority to adjudicate import-related show-cause proceedings involving Inter Gold under Customs Act powers.
The Central Government, relying on section 4(1) of the Customs Act, 1962, appoints the Collector of Customs-II, Bombay to exercise the powers of the Collector of Customs in the Sahar Airport jurisdiction for the limited purpose of adjudicating import-related proceedings arising from a specified show-cause notice issued to M/s. Inter Gold (India) Ltd.; the appointment is confined to those identified cases.

Transfer of export bound gems and jewellery permitted to airport showrooms for handover to foreign passengers under specified procedures.
Gem and jewellery manufactured in an EPZ/FTZ may be transferred to retail outlets or showrooms in the departure lounge or customs warehouse at specified international airports for sale and handover to foreign bound passengers for export; such transfers must conform to the Import and Export Policy and follow the procedure specified by the Collector of Customs.

Airport transfer of gems and jewellery allowed to departure-lounge retail outlets for handover to foreign bound passengers under Collector procedure.
The amendment permits gem and jewellery manufactured in the Jhandewalan Complex and sold to a foreign bound passenger to be transferred, in accordance with the Import and Export Policy, to retail outlets or showrooms in the departure lounge or to a customs warehouse at Delhi airport for handover to the passenger for export, as per the procedure specified by the Collector of Customs.

Customs exemption amendment expands permitted imports to include processing and authorises transfers to export units with permission.
The amendments substitute "for repair or display" with "for repair, processing or display" and replace Condition (12) to authorise the Assistant Collector of Customs to allow supply or transfer of goods imported by a unit, or electronic hardware or software manufactured by such unit, to other hundred percent export oriented undertakings or units in the Free Trade Zone/Export Processing Zone for manufacture and export or for use within the receiving unit, subject to specified procedure and Committee permission; they omit Condition (14) and add a table entry permitting re importation within three years for repair or re conditioning.

Customs authorization for re export and inter unit transfer for software export, subject to procedure and required permissions.
The amendment authorizes the Collector of Customs to permit re-export of imported goods by a unit and authorizes the Assistant Collector of Customs, with procedure and necessary permission from the Chief Executive of the Software Technology Park, to allow supply or transfer of imported goods to another hundred per cent export oriented undertaking or to a unit in an Export Processing Zone/Free Trade Zone for software development for export. It also empowers the Collector to permit imported infrastructural equipment to be linked to approved non commercial research or educational institutes, subject to Committee approval and Standing Committee permission.

Duty-free transfers by EPZ/FTZ units to other zones and EOUs permitted for manufacture and export, excluding repaired goods.
Amendment permits EPZ/FTZ units to supply or transfer duty-free imported goods to units within the same Zone, to units in other Zones, or to Export Oriented Undertakings for manufacture and export or for use within the receiving unit, and excludes goods imported for repairs, reconditioning or reengineering from this relief.

Duty-free transfer by EOUs permitted to other EOUs or FTZ/EPZ units, subject to customs conditions and export-import policy.
Hundred Per Cent Export Oriented Units may supply or transfer imported goods duty free to other EOUs or to units in Free Trade Zones/Export Processing Zones for further manufacture and export or for use within the receiving unit, subject to conditions prescribed by the Assistant Collector of Customs and in accordance with the Export-Import Policy; the amendment replaces the earlier condition and omits condition (10). It also adds an exemption for goods re-imported within three years for repairs or reconditioning.

Rescission of import-export prohibition restores trade in military equipment after government withdraws prior Customs notification under statutory power.
The Central Government, exercising the power under section 11(1) of the Customs Act, 1962 and being satisfied it is necessary in the public interest, rescinds Notification No. 135 Customs dated 3 October 1964, thereby withdrawing the prior prohibition on import and export of military equipment to and from the Republic of South Africa.

Tax exemption under 10(23C)(v) conditioned on exclusive application of income, permitted investments, and separate books for incidental business.
Notification grants tax-exempt status under 10(23C)(v) to Govind Bhawan Karyalaya, Calcutta for specified assessment years, conditional on applying or accumulating income wholly and exclusively for its objects, restricting investments to forms permitted for charitable trusts except voluntary contributions retained as jewellery or furniture, and excluding business profits unless the business is incidental and maintained in separate books.

Delegation of appellate powers: A Collector authorized to exercise another Collector's central excise appeals powers under the Act.
The Central Board of Excise and Customs, under clause (b) of section 2 of the Central Excises and Salt Act, 1944 read with rule 4 of the Central Excise Rules, 1944, invests the Collector of Central Excise (Appeals), Ghaziabad with all powers exercisable by the Collector of Central Excise (Appeals), Allahabad under the Act and the rules made thereunder.

Delegation of powers under the Central Excises and Salt Act invests one Collector (Appeals) with another's appellate powers.
The Central Board of Excise and Customs, under clause (b) of section 2 of the Central Excises and Salt Act, 1944 read with rule 4 of the Central Excise Rules, 1944, invests the Collector of Central Excise (Appeals), Bangalore with all powers exercisable by the Collector of Central Excise (Appeals), Hyderabad under the Act and rules.