Customs tariff amendment updates duty rates for fruits and nuts, substituting a new table with standard and preferential rates.
Amendment substitutes the tariff Table for Chapter 8 (fruits and nuts) in notification No. 29/89-Customs, specifying by sub-heading the applicable duty treatment with separate Standard and Preferential columns; entries include nil duty items, fixed per kg rates, and ad valorem duties for listed fruits and nuts.

Customs exemption caps duty on imported vegetables to an ad valorem ceiling, limiting customs tax above that rate.
The Central Government exempts all goods falling within Chapter 7 from customs duty to the extent that duty exceeds the amount calculated at the rate of 10% ad valorem when imported into India, using statutory power to grant a public-interest tariff concession.

Customs exemption limits duty on Chapter 6 plant imports to a capped ad valorem rate on import into India.
The Central Government exempts all goods within Chapter 6 of the Customs Tariff First Schedule, when imported into India, from so much of the leviable customs duty as exceeds the amount calculated at the rate of 10% ad valorem, exercising its power under the Customs Act to grant exemptions in the public interest.

Customs duty exemption for specified animal products limits collectible duty to prescribed ad valorem caps on importation.
An exemption caps customs duty on imported products of animal origin under sub heading 0507.10 by disallowing any portion of the First Schedule duty that exceeds specified ad valorem rates, with one cap applying where the standard rate is leviable and a lower cap where the preferential rate is leviable, effected under the power conferred by sub section (1) of section 25 of the Customs Act.

Customs duty exemption for imported fish products removes applicable customs levy under a notification issued in the public interest.
Notification No. 29/92 dated 1-3-1992 exempts all goods falling within Chapter 3 (fish and related products) from the whole of the customs duty specified in the First Schedule to the Customs Tariff when imported into India, issued under the executive exemption power in the Customs Act in the public interest.

Customs exemption for imported meat caps payable duty at a specified ad valorem rate, limiting higher scheduled tariffs.
All goods classifiable under Chapter 2 of the Customs Tariff, when imported into India, are exempt from so much of the customs duty leviable thereon as exceeds the amount computed at the rate of 10% ad valorem.

Customs exemption for live animals caps duty above a prescribed ad valorem rate, reducing effective import liability.
The Central Government exempts all goods in Chapter 1 (live animals) of the First Schedule to the Customs Tariff Act from that portion of customs duty which exceeds a specified ad valorem rate, using its power to grant exemptions in the public interest under the Customs Act and thereby capping the effective customs liability on imports of live animals.

Customs duty cap limits leviable customs duty on most imported goods to a fixed ad valorem rate, exempting excess.
Governmental exemption limits customs duty on goods in the First Schedule by exempting duty in excess of a fixed ad valorem rate for eligible tariff entries, while excluding specified tariff headings so duties on those headings remain unaffected.

Declaration of warehousing station under the Customs Act enables Village Kirumambakkam to operate as a customs warehousing station.
Pursuant to powers under section 9 of the Customs Act, 1962, the Central Board of Excise and Customs has declared Village Kirumambakkam in Bahour Commune, Pondicherry, to be a warehousing station by Notification No. 11/92-Cus. (N.T.) dated 29-2-1992, bringing the location within the customs warehousing regime and subjecting it to the regulatory framework for designated warehousing stations.

Charitable Status Recognition: Notification grants tax exemption to institution subject to application and investment conditions.
Notification recognizes Hindu Satkar Samiti, Calcutta as a charitable institution for assessment years 1992-93 to 1995-96, conditional on applying or accumulating income wholly and exclusively to its objects, restricting investments to forms permitted for charitable trusts (excluding certain voluntary contributions retained as assets), and excluding business profits from concessionary treatment unless the business is incidental and maintained in separate books.

Tax exemption notification grants charitable status subject to exclusive income application and investment and business-accounting conditions.
Notification grants tax-exempt status to the Gujarat Pollution Control Board for specified assessment years on conditions that income be applied or accumulated wholly and exclusively for its objects; investments or deposits (except certain preserved voluntary contributions) conform to permitted modes for charitable funds; and business income is excluded unless incidental to objectives and maintained in separate books.

Notification under income tax provision: temple declared a place of archaeological importance and public worship for tax purposes.
Central Government issues a notification under the Income tax Act provision authorizing designation, notifying Arulmigu Narambunathaswamy Temple, Thiruppudaimarudur, as a place of archaeological importance and as a place of public worship of renown throughout the State of Tamilnadu for the purpose of the said provision.

Exchange rate schedule: prescribed conversion rates for foreign currencies to calculate stamp duty and Customs valuation.
Prescribes an official exchange rate schedule for specified foreign currencies to compute stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act, superseding the earlier notification; the Schedule lists each named currency with the rate of foreign currency equivalent to Rs.100, to be applied by revenue and stamp authorities from the stated effective date.

Appointment of customs port amended to include dead burnt magnesite within the scope of notified goods under Customs Act.
The Central Government, exercising powers under section 7(a) of the Customs Act, 1962, amends Notification No. 43/87-Customs by inserting the words "and dead burnt magnesite" after the words "of fertilisers", thereby including dead burnt magnesite within the notified description of goods for the appointment of customs port.

Amendment to customs notification adds raw materials for the electronic industry to the appointed airport list.
The Central Government amends Notification No. 6/89-Customs (N.T.) dated 6th February 1989 by issuing Notification No. 9/92-Cus. (N.T.), dated 22-2-1992, to insert a new sub-clause (xiii) in clause (b) after sub-clause (xii), namely: "raw materials for electronic industry," thereby including those materials within the scope of the appointed-airport customs notification.

Establishment of Securities and Exchange Board: government appoints Chairman and Members and prescribes a three-year chair term.
Establishes the Securities and Exchange Board of India under the enabling ordinance, appoints an initial Chairman and Members, and prescribes that the Chairman shall hold office for a period of three years from the date he assumes office; subsequent notes record administrative substitutions of Members by later notifications.

Terms and Conditions of Service defined for SEBI leadership, creating the statutory basis for appointments and commencement.
Establishes a statutory framework prescribing the terms and conditions of service for the Chairman and other members of the Securities and Exchange Board of India, with the Central Government issuing rules under its enabling ordinance to define the instrument's title and commencement and to provide the legal basis for governance of SEBI leadership appointments and service conditions.

Appointment of Principal Collectors expanded to include Collector of Central Excise, Surat under Customs Act authority
The Central Government, exercising powers under the Customs Act, amends Notification No. 17/90-Customs (N.T.) by inserting Collector of Central Excise, Surat into the notification Table as an additional designated Principal Collector for customs and central excise administration.

Collector of Customs (Appeals) jurisdiction updated to designate Ahmedabad and specified Gujarat collectorates under Customs Act.
The central government amended a customs notification to substitute the serial entry designating the Collector of Customs (Appeals), Ahmedabad and to specify that the Customs House, Kandia Preventive Collectorate, Ahmedabad, together with the Central Excise Collectorates at Ahmedabad, Rajkot, Surat, and Vadodara, fall within that appellate collectorate's territorial jurisdiction.

Appointment of Customs officers: notification amended to add Surat as a designated port for officer appointment.
The Central Government amended Notification No. 252/83-Customs to insert the port name "Surat" after "Shillong" in clause (a), serial number 3, thereby modifying the territorial specification for appointment of customs officers under the existing non-tariff notification made under the powers conferred by the Customs Act.