Non-resident service tax: non-residents without Indian offices may bypass registration by paying tax and filing prescribed returns and documents.
The amendment allows non-residents without an office in India to avoid registration if they pay service tax under rule 6, and permits centralised registration where an assessee maintains centralised accounting for services rendered from multiple premises. It requires non-residents or their authorised agents to submit to the local Commissioner a return with provider and client details, nature and period of services, value and tax liability, copies of the bill and contract, and a demand draft for the tax; this must be filed within thirty days of billing or interest under the Finance Act will apply.

Monetary threshold increased in rule 4C, expanding applicability under Companies General Rules via government notification.
The amendment to rule 4C of the Companies (Central Government's) General Rules and Forms, 1956 substitutes the words "Ten crores" with "Twenty-five crores", effected under clauses (a) and (b) of sub section (1) of section 642 of the Companies Act, 1956. Titled the Companies (Central Government's) General Rules and Forms (Third Amendment) Rules, 1999, the notification takes effect upon publication in the Official Gazette and directly alters the monetary threshold in rule 4C.

Exchange rate determination for export goods establishes official conversion rates for foreign currencies into Indian rupees.
Central Government, under section 14(3)(a)(i) of the Customs Act, 1962, prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding Notification No. 7/99-NT-Customs; Schedule I sets rates per one unit and Schedule II sets rates per one hundred units, effective from 1st March, 1999.

Exchange rate determination for imported goods set as official conversion rates governing stamp duty and customs valuation.
The Central Government prescribes official foreign-exchange conversion rates, effective 1 March 1999, for calculating stamp duty under the Indian Stamp Act and for determinations under section 14 of the Customs Act relating to imported goods, superseding the earlier notification. The prescribed rates appear in two schedules: Schedule I sets rates per one unit of specified currencies and Schedule II sets rates per one hundred units, to be used for conversion into Indian rupees and vice versa.

Disclosure of outstanding dues to small scale industrial undertakings required in company balance sheets, segregating such and other creditors.
The Schedule VI amendments to the Companies Act require disclosure of the name(s) of small scale industrial undertaking(s) owed sums exceeding a threshold and outstanding beyond a specified period; they add separate balance sheet line items for total outstanding dues of small scale industrial undertakings and for creditors other than such undertakings, and incorporate a definitional reference to the Industries (Development and Regulation) Act for classifying small scale industrial undertakings.

Tax deduction eligibility: temple designated as place of public worship permitting deductible donations for specified renovation within a limited period.
The Central Government specified Sri Nandaneshwara Temple, New Mangalore as a place of public worship for purposes of section 80G, qualifying donations for donor tax relief; the recognition is limited to repair and renovation work, subject to an upper funding scope and a defined cessation date, thereby restricting the class of deductible contributions and the period of tax-deduction eligibility.

Export without payment of excise duty permitted to specified projects in Bhutan subject to contract registration, bond and customs procedure.
Permission is granted for export of excisable goods without payment of excise duty to specified Bhutan projects subject to conditions: contracts must be registered with DGICCE, goods must have a project release order, exporters must execute a bond under Rule 13 and provide a bank certificate of full payment; exporters must follow the special procedure in Appendix II, which prescribes multi copy invoicing, Central Excise verification, sealing, land customs comparison and endorsements, transmission of copies to Bhutanese customs, required returns and recordkeeping, and discharge of the bond on receipt of required endorsed documents.

Specification as Institute of Management: Indian Institute of Foreign Trade declared eligible under section 10(10C)(viii) tax provision.
Specification of the Indian Institute of Foreign Trade, New Delhi as an Institute of Management under sub-clause (viii) of clause (10C) of section 10 of the Income-tax Act, 1961 by Central Government notification, recognising the institute-registered under the Societies Registration Act, 1860-for the purposes of that clause.

Export rebate narrowed by excluding processed textile fabrics and certain steel from duty rebate eligibility.
Amendments modify the rebate on export of excisable goods by excluding processed textile fabrics under specified tariff headings (on which duty was paid under Section 3A) from Notification No. 41/94 C.E. (N.T.), and by substituting language in Notification No. 50/94 C.E. (N.T.) to exclude those processed textile fabrics together with non alloy steel ingots and billets from eligibility for the rebate, effected under rule 12 of the Central Excise Rules, 1944.

Monthly average rate of rebate established for processed textile fabrics, with per square metre caps linked to factory chamber duty.
The amendment inserts Explanation II defining the monthly average rate of rebate as a formula using D (rate of excise duty per chamber in the month), n (number of working chambers for which duty was paid) and Q (total quantity of processed textile fabrics manufactured in the month). It adds a table entry covering specified processed textile fabrics on which duty is paid under Section 3A and prescribes that the rebate equals the monthly average rate of rebate per square metre, subject to maximum per square metre caps linked to the duty paid per chamber in the factory.

Rebate on export-manufactured textile fabrics: monthly average rebate rate defined, with per-square-metre caps tied to chamber duty payments.
Amendment inserts Explanation IV defining 'monthly average rate of rebate' by formula using D (rate of excise duty per chamber in the month of clearance), n (number of working chambers for which duty was paid) and Q (total quantity of processed textile fabrics manufactured). It adds a tariff entry for processed textile fabrics liable under Section 3A, specifying the monthly average rate of rebate per square metre subject to alternative maximum per-square-metre caps linked to the duty paid per chamber per month.

Monthly average rate of rebate defined for processed textile fabrics, with rebates capped based on excise duty paid per chamber.
Amendment to Notification No.31/98-C.E.(N.T.) defines the monthly average rate of rebate as a formula using rate of excise duty per chamber, number of working chambers with excise paid, and total quantity of processed textile fabrics in the month, and adds a table entry for processed textile fabrics under specified headings providing a monthly average rebate per square metre subject to maximum caps linked to the excise duty paid per chamber in the manufacturing factory.

Tax withholding notification: designation of a public development corporation under withholding provisions for interest payments.
The Central Government, exercising statutory power under sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961, notifies the West Bengal Industrial Development Corporation Limited, Calcutta, for the purposes of that sub-clause, thereby designating that corporation within the specified withholding provision.

Excise non liability for castings used in sewing machine manufacture affirmed, relieving past duty where a non levy practice prevailed.
The government directed retrospective administrative relief that the duty of excise on castings for use in sewing machine manufacture, which was not levied in accordance with prevailing practice during the period from 1 March 1994 to 8 October 1997, shall not be required to be paid; the directive is issued under the government's statutory remedial power to address such practice-based non-levy.

Income tax exemption approval for a school granted subject to compliance with statutory charitable education requirements.
Approval is granted to Indian Public Schools Society, The Doon School, Dehra Dun, for the purpose of income tax exemption applicable to charitable educational institutions under the relevant clause of section 10, for the specified assessment year, provided the society conforms to and complies with the statutory provisions governing exemption of educational institutions and the applicable income tax rules.

Canalisation of onion exports: designated agencies and minimum export price govern authorised shipments and procedural conditions.
Canalisation of onion exports requires routing exports through NAFED or an agency designated by the Government of Maharashtra (or Associate Shippers registered with that agency) and subjects exports to a Minimum Export Price. Associate Shippers must obtain a No Objection Certificate from the designated agency and pay service charges not exceeding a prescribed cap of the invoiced export value; the amendment is recorded in the ITC (HS) classification.

Eligibility under Income Tax Act: trust-run hospital project granted extension as an eligible project for three more assessment years.
Central Government specifies the trust's construction, furnishing, equipping and running of a hospital at Crozaria, District Mehsana, as an eligible project or scheme for a further period of three assessment years commencing from assessment year 2000-2001, following the National Committee's recommendation that the project is being executed properly, and records the estimated project cost as fifty nine lakh rupees.

Exemption under section 35AC: eligible charitable health project specified for a further three assessment years after regulatory recommendation.
The Central Government specifies the construction, establishment and running of a 30 bed integrated rural centre for elimination of leprosy and tuberculosis by Shri Ramakrishna Sevashrama in Pavagada, Tumkur, Karnataka, as an eligible project or scheme for a further period of three assessment years after the National Committee recommended extension, invoking powers under the relevant provision and its Explanation; the notification identifies the executing body, project location and estimated cost.

Tax exemption eligibility extended for a palliative care project, preserving specified charitable project status after committee recommendation.
The Central Government specifies the land development, construction, furnishing, installation of equipment and running of a Palliative Care Centre at Pune by Cipla Cancer and Aids Foundation as an eligible project under section 35AC, extending the prior specification for a further three assessment years commencing from the assessment year 2000-2001, on the National Committee's recommendation and noting an estimated project cost of rupees seven crores fifteen lakhs.

Exemption under section 35AC approves specified projects for deduction, listing eligible institutions and capped costs.
Approval is granted for specified institutions to implement listed projects or schemes that qualify for deduction under the Income-tax Act's exemption provision; each Table entry specifies the eligible activities, an estimated project cost and the maximum portion of that cost allowable as a deduction. The Table includes identifiable companies with rural and social development projects and sets prescribed ceilings on deductible cost, and the notification remains in force for a limited set of assessment years.