Tax exemption recognition under section 10(23C)(iv) notified for Institute of Rail Transport for the relevant assessment year.
The Central Government issued S.O.1032 notifying the Institute of Rail Transport, New Delhi, as eligible for tax exemption under clause (iv) of clause (23C) of section 10 of the Income-tax Act for the specified assessment year, thereby treating the Institute as falling within the class of institutions covered by that sub clause.

Research institution approval under section 35(1)(iii) requires maintaining separate research accounts and annual audited reporting compliance.
Approval is granted to Sri Aurobindo International Institute of Educational Research as an Institution under clause (iii) of sub section (1) of section 35, subject to maintaining a separate account for research funds, furnishing annual returns of scientific research activities by 31 May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director General (Exemptions), the scientific research authority and the competent tax commissioner/director by 30 June. Approval is effective from 1 April 1990 to 31 March 1991.

Research institution approval requiring separate research accounts, annual DSIR returns and submission of audited accounts by set annual deadlines.
Approval granted to Shri Aurobindo Ashram Trust as an Institution for tax relief linked to scientific research, conditioned on maintaining separate research accounts, furnishing annual scientific research returns to the Secretary, DSIR by 31st May, and submitting audited annual accounts to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the jurisdictional Commissioner/Director of Income tax (Exemptions) by 30th June; approval effective for the stated financial period and guidance provided on extension applications.

Research institution approval under section 35(1)(ii) requires maintaining separate research accounts and annual reporting.
Approval is granted to Eye Research Centre, Madras as an Institution for purposes of section 35(1)(ii) for 1 April 1990 to 31 March 1991, subject to maintaining a separate account for scientific research, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 30 June. The organisation must apply for extension through the proper tax authority three months before expiry, with six copies to the Secretary, DSIR.

Section 35(1)(ii) research approval: institute must maintain separate research accounts, file annual returns and audited accounts.
Vasantdada Sugar Institute, Pune is approved as an institution under the research-expense provision of the Income-tax Act for 1 April 1991-31 March 1992, subject to maintaining a separate account for research receipts, filing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant Commissioner/Director of Income-tax (Exemptions) by 30 June. The notification also prescribes procedures for applying for extension of approval.

Research approval under section 35(1)(ii) requires annual DSIR returns and audited accounts for tax recognition.
Approval is granted to Sandhata Medical Research Society as an Institution under clause (ii) of sub-section (1) of section 35 of the Income-tax Act for 1-4-1990 to 31-3-1991, conditional on maintaining a separate research account, filing annual research returns to the Secretary, DSIR by 31 May, and submitting audited annual accounts to the Director-General (Exemptions), Secretary DSIR, and the local Commissioner/Director by 30 June; procedures for applying for extension of approval are specified.

Approval under Section 35(1)(ii): Institution status granted with research accounting, annual returns, and audited reporting obligations.
Approval under Section 35(1)(ii) recognises Central Machine Tool Institute, Bangalore as an Institution for the period 1-4-1990 to 31-3-1991, subject to maintaining a separate research account, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director of Income-tax (Exemptions) by 30th June each year.

Rescission of auxiliary customs notifications withdraws prior exemption instruments and restores general tariff treatment.
The Central Government, invoking statutory power under the Customs Act read with the Finance Act and acting in the public interest, rescinds eleven specified customs notifications, thereby withdrawing the exemption or auxiliary duty treatment those instruments had provided and restoring the affected tariff treatment to the general regime.

Exemption from auxiliary duty: all First Schedule goods exempt from auxiliary customs duty during the March 1991 exemption period.
The Central Government, invoking powers under the Customs Act and the Finance Act, exempts all goods listed in the First Schedule to the Customs Tariff Act, 1975 from the whole of the auxiliary duty leviable under the Finance Act for a specified period in March 1991, effecting a temporal suspension of auxiliary customs duty liability on those tariff items.

Partial exemption from auxiliary duty for imports limited to toll processing costs and insurance and freight, subject to conditions.
Partial exemption from auxiliary customs duty on imported copper products and certain precious metals applies to the portion of duty in excess of an amount equal to 50% of the goods' value that represents only toll smelting or toll processing costs (labour, cost of material excluding cost of goods sent out of India, and other charges payable abroad) and insurance and freight both ways. The exemption requires import within three years of sending the Indian-origin materials abroad and sufficient evidence that the imports result from the specified toll processing.

Auxiliary duty exemption: component parts for initial setting up of specified machinery relieved from excess customs auxiliary duty.
Component parts within specified Customs Tariff headings imported for initial setting up, assembly or manufacture of listed machinery are exempted from that portion of auxiliary customs duty which exceeds the amount calculated at the rate applicable to the finished article when imported complete, subject to proof to the Assistant Collector of Customs and compliance with conditions in Notification No. 155/86-Customs.

Exemption of auxiliary duty on medical electronic equipment parts limits excess customs duty, subject to prescribed import conditions.
Exempts certain component parts imported for manufacture of medical electronic equipment from auxiliary duty to the extent that duty exceeds the amount calculated at the rate leviable on the complete equipment; applies when parts (excluding specified semiconductor and related components and non-paper capacitors) are imported into India and proved to the satisfaction of the Assistant Collector of Customs to be required for such manufacture, and is subject to the conditions prescribed in the relevant government notification.

Partial exemption of auxiliary customs duty on imported cinematograph film limits duty to valuation of print cost and related freight/insurance.
The Government exempts imported exposed cinematograph film from that part of auxiliary customs duty which exceeds an amount calculated at fifty percent of a valuation that includes only the cost of the print and the freight and insurance charges incurred for that print.

Auxiliary duty exemption for aircraft simulator component parts limits duty to the rate applicable to aircraft component parts.
Component parts of aeroplane and aircraft simulators, when imported and falling within the customs tariff classification for aircraft parts, are exempted from that portion of auxiliary customs duty which exceeds the amount calculated at the auxiliary duty rate applicable to component parts of aeroplanes or other aircraft under the Finance Bill and any relevant notification in force.

Partial exemption of auxiliary duty on goods already relieved from basic customs duty prevents excess ancillary levies.
Exempts from levy any portion of the auxiliary customs duty in excess of a 25 per cent ad valorem rate on goods that are partially or wholly relieved from basic customs duty by the notifications listed in the Schedule; the exemption is exercised under statutory taxation powers and is subject to the conditions, if any, attaching to those original notifications, with valuation determined under the customs valuation provisions.

Partial exemption from auxiliary customs duty on specified imports reduces duty above a set ad valorem threshold.
Exempts specified imported goods from that portion of the auxiliary customs duty which exceeds 25% ad valorem, with valuation under section 14 of the Customs Act; the exemption is effected under section 25(1) of the Customs Act read with the Finance Bill, 1991, and applies only to goods listed by chapter and description in the annexed Table. The notification includes an explanation excluding hydrocarbon oils with flash points below 93.3 centigrade from the definition of lubricating oil.

Auxiliary duty exemption caps ad valorem auxiliary customs duty at five percent for goods already exempt from basic customs duty.
The notification exempts goods that are partially or wholly exempt from basic customs duty from so much of the auxiliary customs duty as exceeds an ad valorem rate of 5 percent on the value of such goods as determined under the valuation provisions; the exemption is subject to any conditions attached to the original notifications under which those goods received partial or full exemption from basic customs duty.

Auxiliary duty exemption for goods already exempt from basic customs duty, subject to original notification conditions.
Goods that are wholly or partly exempt from the basic customs duty by virtue of the notifications listed in the Schedule are exempted from the whole of the auxiliary duty of customs leviable under sub-clause (1) of clause 3 of the Finance Bill, 1991; this exemption is subject to any conditions attached to the original notifications granting exemption from basic customs duty.

Exemption from auxiliary duty on specified imported goods clarifies tariff based categories and technical definitions to define scope.
Exemption from auxiliary duty is granted on a specified catalogue of imported goods under powers conferred by the Customs Act and the Finance Bill, when the Central Government is satisfied it is necessary in the public interest. The notification lists tariff chapters and described goods exempt from the whole auxiliary duty, including specified foodstuffs, fuels, fertilizers, industrial inputs, machinery, educational and publishing materials, precious stones and coins, and a residual entry for other goods, with qualifying forms and technical definitions governing scope.

Auxiliary duty exemption on crude petroleum limits additional customs charges on imports above a specified threshold.
The Central Government exempts imports of crude petroleum from the portion of auxiliary customs duty exceeding a specified per tonne cap, limiting the auxiliary duty chargeable under the Finance Bill provision to the capped amount per tonne on crude oil imports into India.