Clearance of ship-generated waste oil allowed without import license when reprocessor is registered with the environmental authority.
The Foreign Trade Policy amendment adds Condition 1c permitting clearance without an import license of ship-generated waste oil or sludge covered by MARPOL only to persons registered with the designated environmental authority for re-processing; such material must meet the Hazardous Waste definition in Schedule 3 of the Hazardous Waste (Management and Handling) Amendment Rules, 2003.

Income-tax exemption notification: recognition granted subject to income application, permitted investments, incidental business limits, filing and dissolution conditions.
Notification recognises The Theosophical Society, Adyar, Chennai for specified assessment years subject to conditions: apply income wholly to its objects; restrict investments to permitted modes; business income excluded unless incidental with separate books; maintain regular income-tax return filing; and on dissolution transfer surplus and assets to a like charitable organisation.

Amendment to Foreign Trade Policy notification modifies prior provisions under statutory authority and fixes their effective date.
Notification No. 24/2004-09 partially modifies Notification No. 12/(2004-2009) under statutory authority derived from the Foreign Trade Act and specified policy paragraphs, and declares that the modified provisions shall come into effect from 1st June,2005; issuance is noted to be in the public interest.

Income-tax exemption under clause 10(23) notified for Yachting Association of India, subject to application, investment, business and dissolution conditions.
Notification grants income tax exemption to Yachting Association of India for assessment years 1999 2000 to 2001 2002, conditional on applying income wholly to its objects, limiting investments to permitted modes (with limited exception for certain voluntary contributions), excluding business profits unless incidental and separately accounted, regular filing of income tax returns, and transferring surplus and assets on dissolution to a charitable organisation with similar objectives.

Tax exemption notification for an educational institute conditioned on exclusive application of income and prescribed compliance requirements.
The Central Government notifies the Indian Institute of Public Administration, New Delhi for tax exemption under clause (23C)(iv) of section 10 of the Income tax Act for assessment years 2004-2005 to 2006-2007, subject to conditions: income must be applied or accumulated solely for its objects; investments limited to forms specified in Section 11 sub section (5) except certain retained voluntary contributions; business profits excluded unless incidental with separate accounts; regular filing of income tax returns; and surplus on dissolution to be transferred to a charitable organisation with similar objectives.

Tax exemption recognition for cultural institution subject to conditions on income use, investment, business activity, filing, and dissolution.
Notification designates the Indira Gandhi National Centre for the Arts for clause (23C)(iv) of section 10 for assessment years 2004-2005 to 2006-2007, subject to conditions: exclusive application or accumulation of income for institutional objects; permitted modes of investment akin to charitable bodies; business income only if incidental with separate accounts; regular filing of income-tax returns; and transfer of surplus assets on dissolution to a similar charitable organisation.

Tax exemption under Section 10(23C)(iv) granted to institute, subject to income-application, investment and reporting conditions.
Notification under Section 10(23C)(iv) declares the Institute for Financial Management and Research, Chennai eligible for tax-exempt status for assessment years 2002-2003 to 2004-2005, conditional on applying income wholly to its objects, restricting investments to modes permitted for charitable funds, treating business income as excluded unless incidental with separate books, regular return filing, and transferring surplus/assets on dissolution to a similar charitable organisation.

Tax exemption recognition: notification grants charity status subject to exclusive application of income, permitted investments, and compliance obligations.
Notification designates The Bharat Scouts & Guides, New Delhi as qualifying under clause (23C)(iv) of section 10 of the Income-tax Act for the stated assessment years, conditioned on applying income solely to its objects, restricting investments to modes permitted by the Act, treating business income as exempt only if incidental with separate accounts, filing regular income-tax returns, and transferring surplus and assets on dissolution to a like-minded charitable organisation.

Appointment of Chairman under Section 4: Shri M. Damodaran named SEBI Chairman for a three-year term upon assumption of office.
Central Government, invoking Section 4 of the SEBI Act and rule 3 of the relevant service rules, appoints Shri M. Damodaran as Chairman of the Board. The appointment carries a tenure of three years commencing on assumption of charge, subject to earlier termination by further government order.

Appointment of Common Adjudicator empowers Commissioner of Customs (Adjudication) Mumbai to adjudicate specified DRI show cause notices.
Pursuant to powers under section 4(1) of the Customs Act, 1962, the Central Board of Excise and Customs appoints the Commissioner of Customs (Adjudication), Mumbai, to act as the Commissioners of Customs for Customs House Mumbai, Container Freight Station Mulund and Jawahar Customs House Nhava Sheva for the purpose of adjudicating the Show Cause Notice dated 15th December 2004 relating to M/s Nopaji Lakhamaji Charitable Trust, Mumbai and others.

Appointment of common adjudicator to consolidate adjudication of specified show cause notices across multiple customs formations.
The Central Board, invoking sub section (1) of section 4 of the Customs Act, 1962, appoints the Commissioner of Customs (Adjudication), Mumbai, to act additionally as Commissioners at three specified customs formations for the sole purpose of adjudicating show cause notices issued by the Directorate of Revenue Intelligence in relation to M/s Krishna Trading Co. and others, thereby centralizing adjudicatory competence for those particular notices in the designated officer.

Common Adjudicating Authority appointed to adjudicate show-cause notices under section 4(1) of the Customs Act.
Appointment of a Common Adjudicating Authority under the Customs Act empowers an officer of one customs establishment to act for another solely to adjudicate specified show-cause notices issued by the revenue intelligence function concerning named parties; the notification confines the delegation to those adjudicatory matters without altering substantive law or wider institutional competences.

Customs port designation added for Irugur village permitting loading of exports and unloading of imports under Customs Act.
Declaration designates Irugur Village (Dist. Coimbatore) as a customs port by inserting a new entry for the village into the principal notification for Tamil Nadu, authorising unloading of imported goods and loading of export goods at that location under powers conferred by the Customs Act.

Cognizable offences on complaint: authorised officer empowered to initiate company-law complaints under statutory complaint restriction.
The notification authorises a named Assistant Director of the Serious Fraud Investigation Office to exercise the Central Government's power to lodge complaints in respect of offences punishable under the Companies Act, 1956, implementing the rule that such offences are cognizable only on complaint by the Registrar, a shareholder, or the Government.

Deduction under section 80-IB(11B) requires an accountant's report in Form 10CCBC confirming hospital eligibility and compliance.
Rule 18DD mandates that the accountant's report for claiming deduction under section 80-IB(11B) must be furnished in Form No. 10CCBC. The Form requires assessee identification, hospital ownership and approvals, commencement and location details, technical specifications (beds, theatres, staff, emergency capacity, diagnostic facilities), and computation items including receipts, related-party transactions, profits and claimed deduction. It includes an auditor's declaration that accounts were examined and that the undertaking satisfies conditions for the deduction, and it prescribes eligible signatories.

Continuation of anti-dumping duty on polystyrene extended pending sunset review, maintaining existing duty against specified origins.
The Government has extended the existing anti-dumping duty on polystyrene from Hong Kong, Singapore and Thailand, specifying that the duty shall remain effective up to and inclusive of 12 October 2005, pending the outcome of a sunset review, pursuant to powers under the Customs Tariff Act and the Customs Tariff anti-dumping rules, 1995.

All Industry Rate of Duty Drawback for furnace oil announced; applies to domestic oil supplies to EOU/SEZ under FTP.
Announcement prescribes an All Industry Rate of Duty Drawback for furnace oil supplied by domestic oil companies to EOU and SEZ units under the Foreign Trade Policy; the Director General of Foreign Trade invokes Policy powers to declare a specified per metric ton drawback rate for such supplies, effective until further orders and issued in the public interest.

Approval under section 10(23G) renewed for container terminal project, subject to rule 2E compliance and audit obligations.
Renewal of approval under section 10(23G) of the Income-tax Act, 1961 is granted to M/s Nhava Sheva International Container Terminal Private Ltd. for its Build-Operate-Transfer project to develop, operate, manage and maintain a 600 metre quay-length container terminal at Jawaharlal Nehru Port, effective from AY 2005-06 to the 30-year licence end. The approval is conditional on compliance with section 10(23G) and rule 2E, and may be withdrawn if the enterprise ceases eligible business or fails required accounting and audit obligations under rule 2E(6).

Tax exemption approval renewed for cellular mobile service provider; compliance, audit and commencement conditions govern continuation.
Renewal of tax-exempt approval under section 10(23G) is granted to M/s Reliable Internet Services Limited for its project to provide cellular mobile telephone services in the Kolkata Metro area pursuant to the Licence Agreement dated 27 September 2001. The approval is conditional on compliance with section 10(23G) and rule 2E, maintenance of books and audited accounts, furnishing the required audit report, commencement of services by the stipulated date, and is subject to withdrawal on specified failures.

Tax-exemption notification conditions charitable application, permitted investments, business incidence, returns filing and dissolution asset transfer.
Notification grants the Punjab Infrastructure Development Board tax-exempt status subject to conditions: income must be applied or accumulated exclusively for its objects; investments and deposits (except certain voluntary contributions in kind) must follow permitted modes; business income is excluded unless incidental and separately accounted; regular income-tax returns must be filed; and on dissolution surplus and assets must transfer to a like-minded charitable organisation.