Amendment to tax deduction provision expands eligible project scope and raises permissible deduction ceiling for specified charities.
The notification amends the entry for a specified charitable institution in the table of the earlier notification by expanding the eligible project description to include medical care for cancer patients and by substituting a higher monetary ceiling for the maximum cost of the approved project that may be allowed as a deduction under the relevant Income tax provision.

Exemption under section 35AC extended to a specified charitable hospital and school project, allowing continued tax-deductible support.
The Central Government specifies the project of construction, equipment and running of a 30-bed hospital and a high school at Heggadevanakote taluk, Mysore District, by Swami Vivekananda Youth Movement as an eligible project under section 35AC for a further two years beginning with the assessment year 2001-2002, following a National Committee recommendation and subject to the estimated project cost set out in the notification.

Tax exemption under section 35AC extends eligibility of a polio hospital rehabilitation and research project for three more years.
The Central Government, acting on a recommendation of the National Committee that the Polio Hospital, Rehabilitation and Research Centre at Hiran Magri, Udaipur, carried out by Narayan Seva Sansthan is being executed properly, specifies the project as an eligible scheme under the statutory exemption for a further three-year period beginning with the stated assessment year; the specification names the implementing organisation and states the estimated project cost and corpus fund as part of the eligibility declaration.

Exemption under income-tax provisions extended for hospital equipment and operations, preserving donor tax benefits for the specified project.
The Central Government re-specifies the project of procuring equipment and running Ashirward Eye and General Hospital at Dehgam, Ahmedabad, carried out by Vithalbhai Foundation, as an eligible project under the Income-tax Act for a further three-year period beginning with the assessment year 2000-2001, following a National Committee recommendation that the project is being executed properly and is likely to extend beyond the original three-year term.

Project eligibility under section 35AC extended for Ayurvedic hospital construction, renewing tax-exempt status for a further period.
Central Government specifies extension of section 35AC tax-exemption eligibility for the construction of a building with modern amenities for an Ayurvedic hospital at Zadeshwar, Gujarat, carried out by Shri Anantlal Tribhovandas Shah Ayurvedic Sarvajanik Hospital, as an eligible project or scheme for a further three-year period beginning with the assessment year 2001-2002, following the National Committee's recommendation.

Exemption under section 35AC extended for watershed and village development scheme, enabling continued tax deductible contributions.
Exemption under section 35AC is specified for the watershed development and integrated village development scheme in Konkan and Panvel/Pen talukas; the National Committee recommended, and the Central Government approved, a further three year specification of the same project as eligible under the Explanation to section 35AC, enabling continued application of the section 35AC exemption mechanism for that period.

Exemption under section 35AC extends eligibility for Rotary Club Nadiad vocational training centre for three more assessment years.
Central Government specified the construction, equipment purchase and furnishing of a Vocational Training and Rehabilitation Centre at Nadiad by Rotary Club Nadiad Samaj Seva and Sansodhan Trust as an eligible project under the Explanation to section 35AC, for a further three-year period beginning with the assessment year 2001-2002, recording an estimated project cost and an associated corpus fund after a National Committee recommendation on extension.

Exemption under section 35AC extended for specified charitable healthcare and educational project; period and estimated cost revised.
The Central Government re-specifies the Shree Jalaram Janseva Trust's scheme for equipping and running an eye hospital, ayurvedic clinic, homeopathy clinic and educational activities at Dharmaj, District Kaira, Gujarat, as an eligible project for Income-tax exemption, fixing the estimated project cost at eighty-six lakhs and extending the specification for a further three years beginning with the assessment year 2001-2002 following the National Committee's recommendation.

Exemption under section 35AC: primary health project by Dalmia Bharat Seva Trust specified as eligible for extended period.
The Central Government specified the primary health project by Dalmia Bharat Seva Trust in 30 villages of Sundergarh District as an eligible project for exemption under section 35AC for a further three-year period beginning with assessment year 2001-2002, following a National Committee recommendation and amendment of the estimated project cost to ten lakhs.

Tax exemption under section 35AC extended for a technical school project, confirming continued eligibility after committee recommendation.
The Central Government specified the construction, equipment and running of a technical school at village Sola by Shri Purushotam Seva Trust, Advance Technology Management Association as an eligible project for tax exemption under the enabling statutory provision, and, following a National Committee recommendation under the Income-tax Rules, notified a further three-year specification beginning with the stated assessment year, confirming continued project eligibility and identifying the executing trust and estimated project cost.

Exemption under section 35AC: eligible braille press project specified for further tax-exempt period by government notification.
Central Government re-specifies as eligible for exemption under the Explanation to section 35AC the Blind Persons' Association project comprising construction of buildings for a braille press, library, blind school, auditorium and dormitory, purchase and operation of braille press equipment, and running of the Braille Press Complex at Vidyapalli, Malanda, Mahinagar, South-24 Parganas, for a further three-year period following a National Committee recommendation.

Exemption under section 35AC extended for Surya Foundation project, continuing its specified eligibility and tax benefit period.
The Central Government re specifies the project of construction, equipment, vehicle and furnishing of Surya Nature Cure and Yoga Research and Training Centre by Surya Foundation at Kareem Sonnenahalli, Bangalore Rural, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002, following the National Committee's recommendation that the project is being executed properly and will extend beyond the original three year period.

Exemption under section 35AC renewed for Mahavir Jeevan Raksha Foundation's surgical aid scheme, extending its eligible period.
The Central Government specifies the Mahavir Jeevan Raksha Foundation's scheme of providing financial aid for major surgical operations as an eligible project for tax exemption under the statutory provision, and, on the National Committee's recommendation, renews that specification for a further three year period beginning with the assessment year 2001 2002 at an estimated cost of one crore.

Export permission for onions extended for shipments covered by NOCs issued in May, allowing a narrow, time limited export window.
The Central Government amended the Export and Import Policy entry for ITC(HS) Code 0703 and added a proviso permitting shipment of onion exports against NOCs issued in May 2000 to take place until 7th June 2000, providing a temporary, date limited exception declared to be in the public interest.

Tax exemption provision: approval of listed charitable projects grants specified deduction eligibility for their declared costs.
Notification approves named institutions and specifies eligible projects or schemes with estimated costs and the maximum amount of such cost allowable as a deduction under the tax exemption provision; it covers projects including housing, medical, education and rural health services and operates for a three year period for the listed assessment years, with recorded substitutions to certain cost figures.

Special Economic Zone customs exemption conditioned on NFEP compliance and authorised use of imported inputs for export-related activity.
Exemption from customs duty and additional duty is granted for First Schedule goods imported into or procured for use by units in a Special Economic Zone for specified industrial and trading purposes, subject to Development Commissioner authorisation, compliance with the Export and Import Policy, execution of undertakings and bonds to meet the Net Foreign Exchange Earning Percentage (NFEP) and other obligations, maintenance of prescribed foreign exchange accounts and reporting, and Customs authority permission and conditions for temporary removals, job-work, and clearance to the Domestic Tariff Area.

Anti-dumping duty on citric acid from China set as the difference between benchmark price and landed import value.
Anti-dumping duty on citric acid from the People's Republic of China is imposed as the difference between a specified benchmark price and the landed value of imports per metric tonne when the landed value is less. "Landed value" means the assessable value under the Customs Act excluding specified customs duties. The duty is payable in Indian currency, with the rate of exchange determined by government notification and the relevant date being the date of presentation of the bill of entry.

Anti-dumping duty on Calcium Carbide imposed, with conversion to domestic currency using notified exchange rate at bill of entry.
Imposition of anti-dumping duty on Calcium Carbide from China and Romania follows findings of dumping, material injury and causal link, and a tribunal-modified duty structure accepted by the designated authority. The Central Government, under section 9A read with Rules 18 and 20, prescribes specified duty rates per metric tonne, requires payment in Indian currency, applies the Government-notified rate of exchange for conversion, and fixes the bill of entry presentation date as the relevant date for determining that exchange rate.

Excise exemption for SEZ units: duty relief on goods brought in for production and export, subject to NFEP and compliance.
Exemption of excise duty is granted for specified tariff goods brought into SEZ units from elsewhere in India for manufacture, processing, services, trading, repair, reconditioning, re-engineering, packaging or export, subject to authorization by the Development Commissioner, compliance with the Export and Import Policy, execution of undertakings and bonds to meet NFEP and other conditions, direct movement from supplier premises, maintenance of foreign exchange and utilisation records with regular reporting, observance of prescribed Central Excise Rule procedures, and conditions on temporary removals, job-work, treatment of scrap and clearance to the Domestic Tariff Area under NFEP and policy constraints.

Exchange Rate Fixation sets export goods conversion rates effective June, impacting customs valuation for exports.
Determines exchange rates for specified foreign currencies for export goods under section 14(3)(a) of the Customs Act, 1962, superseding the prior notification, and prescribes that, with effect from 1st June, 2000, the rates shown in Schedule I (unit equivalents) and Schedule II (per 100 units) are the rates for conversion into Indian rupees for export valuation.