Anti-dumping duty on Styrene Butadiene Rubber imposed after preliminary finding of dumping and cumulative injury to domestic industry.
Imposition of anti-dumping duty on specified grades of Styrene Butadiene Rubber originating in or exported from listed countries follows preliminary findings that exports were priced below normal value causing material injury to the Indian industry, with injury assessed cumulatively. The Central Government, under section 9A(2) of the Customs Tariff Act and relevant rules, prescribes duty rates equal to the difference between certain stated amounts per kilogram and the assessable landed value, and defines "landed value" as the assessable value under the Customs Act excluding specified customs duties.

Tax exemption notification: exempt status for temple subject to exclusive application of income, restricted investments, and segregated business accounts.
Notification under sub clause (v) of clause (23C) of section 10 notifies Nathdwara Temple for specified assessment years subject to conditions: income must be applied or accumulated wholly and exclusively to the temple's objects; investments and deposits are restricted except for voluntary contributions maintained in permitted forms; and business income is excluded unless incidental to objects with separate books of account.

Income-tax exemption under section 10(23C)(iv) granted to an institution, subject to exclusive use of income and investment limits.
Notification grants income-tax exemption under sub-clause (iv) of clause (23C) of section 10 to Bharatiya Vidya Bhavan, Mumbai for assessment years 1999-2000 to 2001-2002, subject to: (1) exclusive application or accumulation of income for its objects; (2) restriction on investments or deposits except in forms specified in subsection (5) of section 11 and limited treatment of voluntary contributions as jewellery or furniture; and (3) exclusion of business income unless incidental to objectives with separate books maintained.

Renewal of recognition under SCRA granted, extending Guwahati Stock Exchange's authorised status for another renewable term.
SEBI considered an application under the Securities Contracts (Regulation) Act and, satisfied it served the interests of trade and the public, exercised its statutory powers to grant renewal of recognition to Guwahati Stock Exchange Limited for a fixed three year term ending 30 April 2002 in respect of contracts in securities.

Exchange rate determination for export goods establishes specified statutory currency conversion rates under the Customs Act.
Notification prescribes statutory exchange rates for conversion of specified foreign currencies into Indian rupees and vice versa for export goods under the Customs Act, superseding an earlier notification and stating that, with effect from 1st May, 1999, the rates set out in Schedule I and Schedule II are the applicable rates for export-related conversions.

Exchange rate prescription: government fixes conversion rates for import valuation and stamp duty, superseding prior notification.
Prescribes the rate of exchange for converting specified foreign currencies into Indian currency for calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 in relation to imported goods, superseding the earlier notification and fixing the rates by reference to two appended schedules which list currency-specific rupee equivalents.

Customs appointment for specified purposes now permits unloading of imported goods and loading of export goods at Rajasthan.
Central Government, under the power of clause (a) of section 7 of the Customs Act, substitutes the entry in the Table against serial No. 14 for Rajasthan to authorize "Unloading of imported goods and the loading of export goods or any class of such goods."

Export obligation amendments revise export import policy to correct headings, remove classifications and adjust duty/obligation norms.
Amendment to the Export and Import Policy, 1997-2002 corrects chapter heading, deletes specified HS classification references, revises the table linking customs duty rates to export obligation periods on FOB and NFE bases, and removes the word "average" from paragraph 7.4A, while specifying sectoral eligibility for zero-duty treatment subject to qualifying CIF thresholds.

Buy-back of securities: foreign institutional investors may sell holdings to an issuer under buy-back rules, and fee payment modes are broadened.
A proviso permits foreign institutional investors to sell securities to the issuing company under an offer to buy back securities, in accordance with the Buy-back of Securities Regulations, 1998. The Second Schedule is amended to substitute the registration fee clause so that the fee is payable by draft in favour of the Securities and Exchange Board of India or by any other mode or instrument as may be specified by the Board.

Approval under section 36(1)(viii) requires audited filings, creation of special reserve and fulfilment of statutory housing finance conditions.
Approval is granted to Cent Bank Home Finance Ltd., Bhopal, under the Income-tax Act for specified assessment years to enable deduction claims for housing finance companies, subject to conditions: the company's principal object must be providing long-term finance for residential housing; annual submission of audited profit and loss account, balance-sheet and statement of deduction before the return filing due date; creation and maintenance of the required special reserve; and fulfillment of all other statutory prerequisites.

Exemption under section 10(23): tax-exempt status subject to rules on income application, permitted investments, distribution, and business accounting.
Notification under section 10(23) grants tax-exempt treatment to the Indian Olympic Association for specified assessment years subject to conditions: income must be applied or accumulated solely for its objects per section 11 (as modified), investments must be in modes specified in section 11(5) except certain tangible voluntary contributions, income must not be distributed to members except as grants to affiliated bodies, and business profits are excluded unless incidental and maintained in separate books.

Charitable trust notification under section 10(23C)(iv) grants exemption subject to income application and investment conditions.
Notification confers tax-exempt status on Madhya Pradesh Mahila Kalyan Samiti, Bhopal for assessment years 1999-2000 to 2001-2002 subject to conditions: income must be applied or accumulated wholly and exclusively to its objects; investments or deposits must be in forms/modes specified in section 11(5) except voluntary contributions held in kind; business income is excluded unless incidental and accounted for in separate books.

Approval under section 36(1)(viii) allows deduction claims subject to corporate object, annual filings and reserve maintenance.
Approval under section 36(1)(viii) is granted to M/s Cent Bank Home Finance Ltd., Bhopal, permitting deduction claims for the specified assessment years, conditional on the company carrying on long-term residential housing finance as its main object, annually submitting audited accounts and a statement of the deduction claimed by the return filing due date, creating and maintaining the statutory special reserve, and complying with all other conditions of section 36(1)(viii).

Jurisdiction for TDS under section 195 designated to specified TDS officers for assessees filing TDS returns.
The Chief Commissioner, invoking powers under section 120, designates specific TDS officers to exercise jurisdiction over tax deduction at source matters under section 195 for assessees filing TDS annual returns in the specified Range, allocating ACIT (TDS) Circle-21(1) for public sector, airlines and banking-related assessees assessed outside the charge, and ITO (TDS) Ward-21(6) for all other assessees.

Appointment of Adjudicating Authority as Customs adjudicator for specified DRI show cause notices, superseding prior notification.
The Central Government appoints Commissioner of Central Excise (Adjudication), Delhi to be Commissioner of Customs for adjudicating the specific show cause notices listed in the Table, and this appointment supersedes the earlier notification previously designating an authority for those matters.

Import prohibition of counterfeit currency: absolute ban on bringing fake notes to protect national security and economy.
The Central Government has declared an absolute prohibition on the import of counterfeit or fake currency notes, invoking customs powers to protect national security, prevent injury to the economy and to curb smuggling; the measure functions as a categorical ban on entry of such notes as a preventive regulatory tool.

Special Import Licence conditions: imports allowed for specified HS goods only when CIF meets the prescribed per square metre threshold.
Amendment imposes that tariff item 69089009 (Others) is importable only against a Special Import Licence (SIL) where consignments meet a prescribed CIF value per square metre, by updating column 5 (Import under SIL/Public Notice) of the ITC(HS) Export and Import Items schedule under the Export and Import Policy authority.

Approval under section 36(1)(viii): housing finance companies allowed deduction subject to filings and special reserve requirements.
Approval under section 36(1)(viii) is accorded to specified housing finance companies for listed assessment years, conditional on the company's main object being long-term finance for residential housing; annual submission of audited profit and loss account, balance-sheet and statement of deduction before the due date for filing return under section 139(1); creation and maintenance of the required special reserve; and satisfaction of all other conditions of section 36(1)(viii).

Anti-dumping duty on EPDM imports from Japan imposes per-exporter charge based on difference with landed value.
Imposition of anti dumping duty on EPDM imports from Japan under sub heading 4002.70 is based on preliminary findings of dumping, material injury and causal nexus. The Central Government prescribes exporter specific duties equal to the difference between specified rupee amounts per metric tonne and the landed value of imports, names particular exporters and applies the measure until 11 October 1999. "Landed value" is defined as the assessable value under the Customs Act, excluding certain customs duties for the purpose of the anti dumping calculation.

Tax exemption notification: charity status granted subject to exclusive application of income and restrictions on investments.
Designation of Children Book Trust as eligible under the income-tax charitable exemption is conditional on applying or accumulating income wholly and exclusively for its objects, restricting funds and voluntary contributions to permitted forms and investments for charitable funds, and excluding business profits unless the business is incidental to the objectives and maintained in separate books.