Rebate of duty on mineral oil exports as aircraft stores permits full duty remission for supplies consumed on foreign flights.
Provides rebate of whole of the duty paid on mineral oil products falling under Chapter 27 of the First Schedule to the Central Excise Tariff Act, 1985, when exported as stores for consumption on board an aircraft on foreign run; substitutes clause (c) of the principal notification and omits the Table, effected under rule 18 of the Central Excise Rules, 2002.

SSI exemption limits concessional clearances and requires an option in writing to claim eligibility under conditions.
Prescribes an SSI exemption effective from April one two thousand three, superseding the prior notification, exempting specified clearances for home consumption from excise duty in excess of amounts calculated at prescribed rates: concessional duty at sixty percent of normal for initial clearances up to an aggregate threshold and nil duty for clearances used as inputs for further manufacture; available only upon exercise of an option in writing with prescribed intimation and subject to aggregate caps, exclusions for branded goods, and specified non-countable clearances.

SSI exemption for manufacturers who forgo CENVAT credit allows nil excise duty on initial clearances, subject to conditions.
Notification No. 08/2003 CE grants an SSI exemption for specified goods' clearances for home consumption effective 1 April 2003, allowing nil duty on initial clearances subject to aggregate value thresholds, provided the manufacturer does not avail CENVAT credit on inputs or capital goods. The manufacturer may opt to pay normal duty for the year by prior written notice; exclusions include clearances exempt under other notifications, goods used as inputs for further manufacture within the factory, and goods bearing another person's brand name except as specifically allowed. Definitions, procedural notice requirements, and numerous product specific carve outs are set out in the Annexure and subsequent amendments.

Extension of CENVAT notification validity under rule 11, adding expiry clauses to specified non-tariff notifications.
Amends three Central Excise (Non-Tariff) notifications by adding or inserting expiry language so each shall remain in force up to and inclusive of 31 March 2003, effected under the power conferred by Rule 11 of the CENVAT Credit Rules, 2002.

Duty exemption on textile articles: reduced effective excise rates apply subject to processing, certification, and entity-specific conditions.
Exempts specified textile goods from so much of excise duty as exceeds reduced rates listed in the Table and, for certain entries, wholly exempts special duty; rates in columns (4) and (5) are ad valorem unless otherwise stated. Eligibility is defined by tariff headings and product descriptions, with conditionality based on absence of processing by power or steam, manufacture or processing by designated handloom/khadi/prison/charitable entities, production of authorised certificates at clearance, compositional thresholds for blended fibres, and restrictions where CENVAT credit has been availed.

Tariff amendments adjust excise duty rates, update product classifications, and add exemptions including ethanol blended petrol.
Amendment revises notification No. 6/2002 CE by substituting and omitting multiple table entries, changing excise duty rates and product descriptions, inserting a temporary exemption for a specified ethanol blended petrol conforming to BIS standards, expanding exempted goods (notably drugs, medical equipment, computers and certain food preparations), and modifying annexure conditions including deletions, substituted provisions, definitional clarifications and additions to List 6 for eligible machinery and pollution control equipment.

Service tax exemption extension for hotels continues by omitting a notification paragraph, preserving the prior exemption.
The Central Government, under section 93 of the Finance Act, 1994, amends Notification No. 12/2001 ST by omitting paragraph 2, thereby extending the exemption previously granted to hotels beyond the date specified in the original notification and preserving the concessionary treatment for hotel services.

Rescission of notification under statutory power withdraws earlier service tax notification while preserving prior acts.
The Central Government, invoking its statutory power under the Finance Act, rescinds the earlier service tax notification issued in April 1999, withdrawing that administrative instrument prospectively while expressly preserving the legal effect of actions and omissions completed before the rescission.

Service tax credit: entitlement tied to payment and credit transferable on establishment transfer or ownership change.
Amendment conditions entitlement to service tax credit on payment for the input service and related service tax shown in invoice or challan, limits utilisation to the credit available on the last day of the month (or quarter for individuals, proprietors and partnerships), and permits transfer of unutilised credit when an establishment is shifted or transferred on change of ownership, sale, merger, amalgamation, lease or to a joint venture with specific provision for transfer of liabilities.

Tax exemption under section 10(23C)(iv) conditioned on exclusive application of income, approved investments, filing, and dissolution safeguards.
Notification grants tax exemption under section 10(23C)(iv) to Sant Shri Asharam Ashram for assessment years 2002-2003 to 2004-2005, conditioned on applying or accumulating income wholly and exclusively for its objects, restricting investments to forms permitted by section 11(5) (with limited in-kind voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similarly purposed charitable organization.

Tax exemption under section 10(23C)(v) granted subject to exclusive application of income and specified investment, business and dissolution conditions.
Notification grants tax exemption under section 10(23C)(v) to the Nanded Sikh Gurudwara for assessment years 2000-2001 to 2002-2003, conditional on application or accumulation of income wholly to its objects; investment of funds only in forms permitted by the Act (with specified exceptions for voluntary contributions held as jewellery, furniture, etc.); exclusion of business income unless incidental and maintained in separate books; regular filing of income-tax returns; and transfer of surplus and assets on dissolution to a charitable organization with similar objectives.

Tax exemption approval for Madhya Pradesh Mahila Kalyan Samiti subject to exclusive application of income and prescribed compliance conditions.
Notification grants tax exemption under section 10(23C)(iv) to Madhya Pradesh Mahila Kalyan Samiti Bhopal for specified assessment years, subject to conditions: income must be applied or accumulated exclusively for its objects; investments restricted to forms permitted by section 11(5) (excluding certain voluntary contributions held as jewellery, furniture, etc.); business income excluded unless incidental and maintained in separate books; regular filing of income-tax returns; and on dissolution surplus and assets must go to a charitable organization with similar objectives.

Research exemption approval requires separate research accounts, annual scientific returns and audited research accounts by prescribed deadlines.
Approval under section 35(1) of the Income-tax Act is granted to M/s Centre for Wind Energy Technology as an Institution for 8 March 2000 to 31 March 2002, conditional on maintaining separate research accounts, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for research activities to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October each year, alongside filing the income-tax return. Renewal applications must be made in triplicate and three copies sent to the Secretary, DSIR.

Ceiling on compliance certificates: members limited to a set maximum per calendar year; excess is professional misconduct.
Restricts practising members authorised to sign compliance certificates to a fixed maximum number of companies per calendar year; issuing certificates beyond that ceiling is professional misconduct. For firms, the ceiling applies to each partner entitled to sign individually. The restriction applies to compliance certificates signed on or after the specified commencement date.

Research exemption under section 35(1) requires separate research accounts, annual return to DSIR and audited filings.
Approval under section 35(1) as an Association is subject to maintaining separate books for research, furnishing an Annual Return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May each year, and submitting by 31 October audited Annual Accounts and audited Income & Expenditure Accounts for research activities to the Director General of Income-tax (Exemptions), the Secretary, Department of Scientific & Industrial Research, and the Commissioner/Director of Income-tax (Exemptions), in addition to filing the income-tax return with the designated Assessing Officer.

Research exemption approval - institution granted conditional tax recognition with specified accounting, reporting and renewal obligations.
Institutional approval for research-related tax exemption is subject to maintaining separate research accounts, filing an annual scientific research return to the Department of Scientific & Industrial Research by 31st May, and submitting audited annual accounts and audited income-and-expenditure statements for research to specified tax and scientific authorities by 31st October each year, while also filing the regular income-tax return; the approval is time-limited and requires triplicate renewal applications through specified channels.

Income tax amendment rules renamed, updating title and adding footnote on principal rules and prior amendment.
Correction substitutes the item 1 wording in the earlier notification to title the instrument as Income tax (Second Amendment) Rules, 2003 and mandates adding a footnote identifying the principal Income tax Rules published by notification S.O. 969(E) and noting they were last amended by the Income tax (First Amendment) Rules, 2002 via notification S.O. 104(E).

Jurisdictional reallocation: amendments redefine commissioner jurisdictions and take effect on Gazette publication.
The Central Board of Direct Taxes, exercising powers under the Income-tax Act, substitutes schedule entries to reassign jurisdictional allocations by naming two Chief Commissioner designations and enumerating the subordinate Commissioners of Income Tax whose jurisdictions are placed under each Chief Commissioner; the notification takes effect from its publication in the Official Gazette.

Tax-free bonds specified - redeemable 10-year bonds with put/call options; registration required to avail the tax benefit.
The Central Government specifies tax free bonds (Series XVIII) as secured, redeemable, non cumulative bonds with interest of 8.20% per annum, redeemable after ten years and carrying a put/call option at the end of years five through nine. Issued in a defined denomination and serial range, availability of the tax benefit is conditional on the bondholder registering their name and holding with the issuer.

Amendment to income tax notification reassigns Mumbai Central Chief Commissioners' jurisdiction and related commissioners effective from Gazette publication.
Amendment under section 120 substitutes serial numbers 19 and 90 in Schedule I of S.O. 733(E), updating designations and jurisdictional mappings for Chief Commissioners of Income tax (Central) in Mumbai and their respective subordinate Commissioners; the notification takes effect from publication in the Official Gazette.