Customs duty exemption: specified tariff items relieved from duty above prescribed ad valorem or minimum unit rates.
The Central Government, invoking section 25(1) of the Customs Act, 1962, exempts specified imported goods from customs duty in excess of the rates set in the Table; the rate in each entry is the ad valorem rate unless otherwise noted. The Table assigns either an ad valorem percentage or an ad valorem percentage subject to a specified minimum per unit for listed Chapters, headings and tariff items, and identifies explicit exclusions for certain sub items.

Exemptions restricted for specified goods and activities under amended Central Excise Annexure, narrowing tax relief categories.
Substitutes Annexure I to Notification No. 50/2003 to list goods and activities not eligible for exemption under Central Excise, enacted under section 5A of the Central Excise Act read with additional duties statutes. The revised Annexure enumerates specific categories-including tobacco products, thermal power plants, coal processing, specified inorganic and organic chemicals with limited medicinal exceptions, tanning and dye industries, mineral substances, mills, foundries using coal, mineral fuels, synthetic rubber, cement clinkers and asbestos, explosives, fertilizers, pesticides, fibreglass, pulp manufacture, branded non fruit aerated beverages, extensive paper and paperboard items with narrow Braille and sanitary exceptions, plastics, and industries covered by a designated environmental notification-that are not to be exempted.

Exemption from Excise Duty extended to specified agro, textile, ICT and tourism industries while detailing explicit exclusions.
The notification amends an earlier central excise notification by substituting the Schedule and Annexure to set out categories of goods and activities eligible for Exemption from Excise Duty-including floriculture, medicinal herbs processing, honey, broad horticulture and food processing activities, silk, wool, textiles, ICT hardware, pharmaceuticals, bottling of mineral water, eco tourism and handicrafts-while the Annexure expressly excludes specified goods and activities such as tobacco products, thermal power plants, coal washeries, certain inorganic and organic chemicals, explosives, fertilizers, specified paper products, plastics, and industries covered by a Doon Valley environmental notification.

Customs duty exemption amendments alter tariff table entries and add phenol and acetone with revised duty treatment.
Amendment to the principal customs notification revises the tariff table by omitting specified serial entries, substituting the column (4) duty entries for certain serial numbers, and adding new tariff lines identifying phenol and acetone with their tariff headings and specified duty treatment.

Customs duty schedule amendment revises tariff entries and exemption conditions to reallocate concessional import treatment for specified inputs.
Amendment revises the exemption notification by substituting preamble text, modifying provisos on effective dates, omitting multiple Table entries, and replacing or inserting numerous tariff lines with new duty treatments tied to use or grade. It deletes specified Annexure Conditions, omits selected Lists, and expands List 3 by inserting multiple pharmaceutical substances and diagnostic items, thereby realigning concessional import eligibility toward defined manufacturing and medical inputs under the amended exemption framework.

Exemption of Goods of Special Importance: all First Schedule goods relieved from excise duty under the Additional Duties framework.
Exempts all goods listed in the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act from the whole of the excise duty leviable under that Act, pursuant to a notification issued by the Central Government on grounds of public interest and invoking its statutory powers.

Effective rate of duty: specified excisable goods exempted up to notified ad valorem rates under the Central Excise framework.
Notification No. 10/2006 CE exempts excisable goods listed in an appended table from duty in excess of notified ad valorem effective rates, identifies tariff headings and descriptions of covered goods, defines "retail sale price" and confirms that table rates are ad valorem unless stated otherwise, and includes provisions allowing manufacturers who availed an earlier full exemption to avail this exemption in the same financial year while also exempting waste and scrap arising during manufacture of the listed goods as specified.

Commencement appointment for Finance Act provisions set by government notification, bringing specified statutory provisions into force.
The Central Government, invoking powers under section 133 of the Finance Act, 2003, has appointed the 1st day of March, 2006 as the date on which the provisions of the specified section of the Finance Act, 2003 shall come into force, issuing Notification No. 10/2006-Customs on public interest grounds within the Customs/Tariff miscellaneous exemption framework.

Rescission of additional customs duty on computers withdraws the earlier duty and associated rules.
The Central Government, exercising powers under section 3 of the Customs Tariff Act, 1975, rescinds Notification No. 75/2004-Customs and the Computers (Additional Duty) Rules, 2004 notified as No. 76/2004-Customs, thereby withdrawing the additional customs duty imposed on computers, subject to saving effects for acts or omissions prior to rescission.

Excise exemption for goods in the Second Schedule grants full duty relief under central excise authority.
The Central Government, invoking the power under section 5A(1) of the Central Excise Act, 1944 and being satisfied it is necessary in the public interest, exempts all goods falling under the Second Schedule to the Central Excise Tariff Act, 1985 from the whole of the excise duty leviable thereon, thereby removing liability to Special Excise Duty on those Schedule-listed goods by ministerial notification.

SSI exemption restriction: proviso excludes nil rate or fully exempt goods and caps certain tobacco exemptions.
Notification No. 08/2006 CE amends the SSI exemption by (i) adding a proviso that the exemption does not apply to goods chargeable at nil rate or wholly exempt from excise; (ii) inserting paragraph 4A restricting exemption for specified tobacco entries to a capped amount during March 2005-06; (iii) substituting the ANNEXURE with a detailed list of chapters, headings and tariff items subject to the exemption, with numerous explicit inclusions and carve outs; and (iv) substituting entry (xl) to exclude certain power pumps not conforming to BIS standards effective 1 August 2006.

Central excise tariff amendment revises duty treatment for sugar, removes multiple tariff entries, and exempts certain wood and prasadam.
Amendment alters the tariff Table of notification No. 03/2005-Central Excise by omitting multiple serial entries and substituting specified entries to modify classifications and effective rates. It inserts a revised sugar entry under heading 1701 distinguishing Essential Commodities sales and other supplies with corresponding duty rates, provides a nil duty entry for Prasad and Prasadam under heading 2106, and reclassifies certain wood inputs used in factory production for manufacture of goods under headings 4419-4421 as nil duty.

Service tax exemption for RBI services removes service tax liability on taxable services provided by the Reserve Bank.
The Central Government issued Notification No. 07/2006 ST dated 01.03.2006 exempting taxable services provided or to be provided to any person by the Reserve Bank of India from the whole of service tax leviable under the Finance Act, on the basis of public interest, and invoking the statutory power to grant such an exemption; the notification was later superseded by a subsequent notification.

Effective rate of duty: concessional ad valorem excise treatment for specified goods subject to documentary conditions.
Notification prescribes an effective rate of duty for specified excisable goods in Chapters 83-93 by exempting duty in excess of the ad valorem rates shown in the Table, subject to the Annexure conditions and the relevant Lists appended thereto; eligibility requires prescribed certifications, undertakings, proof of intended use and, in certain entries, non availability of CENVAT credit or exclusion of component values from assessable value.

Service tax exemption for government state and district laboratories: testing and analysis of water quality relieved from service tax.
Exempts from service tax testing and analysis of water quality when provided by Government owned State or District level laboratories, the Central Government invoking powers under the Finance Act and granting a notification based exemption in the public interest that relieves the whole of service tax leviable for the specified taxable service.

Service tax registration change notification required; records retention and inspection enable cancellation following verification of dues.
Rule 4 now requires assessees to notify in writing changes or additions to information in Form ST-1 to the jurisdictional Assistant Commissioner or Deputy Commissioner within thirty days; the Superintendent of Central Excise, on receiving the certificate, must verify payment of all monies due under the Act, rules and notifications and may cancel the registration. Rule 5 requires assessees to preserve records for at least five years after the relevant financial year and to make them available at the registered premises for inspection by an authorised Central Excise Officer; "registered premises" includes all premises or offices providing taxable services.

Effective Rate of Duty: prescribed ad valorem ceilings and specified exemptions for listed goods under tariff chapters.
Notification prescribes effective rates of duty and specific excise exemptions for goods in Chapters 54-82 by exempting duty in excess of the ad valorem rates specified in a Table. The Table lists tariff items, descriptions and effective rates, referencing Condition numbers. Key categories covered include yarns, mosquito nets, graded footwear, certain ceramic and construction materials, printing/ornamenting industries, selected precious metal and jewellery items, specified metal products and components, and designated appliances and tools. The Annexure prescribes eligibility conditions such as retail price marking, maintenance of accounts and returns, certification for recognised Kendras, and restrictions on CENVAT credit.

Service tax exemption on interest component of hire purchase installments reduces tax on interest while excluding other fees.
Exempts service tax on the portion of lease and hire purchase taxable service that represents interest in each installment - calculated as the difference between the installment paid and the principal component - while excluding non interest charges such as lease management, processing, documentation and administration fees; the exemption was later rescinded by a subsequent notification.

Effective Rate of Duty sets excise rates for specified goods, establishing ad valorem charges and conditional exemptions.
Prescribes the effective rate of duty and targeted exemptions for excisable goods within Chapters 26-48, specifying ad valorem and compound rates in a Table and granting nil-rate or concessional treatment for specified inputs and finished goods subject to Annexure conditions. The notification defines key terms (including mini cement plant and the method for computing per tonne equivalent retail sale price), sets eligibility limits and exclusions (annual clearance ceilings; prohibition where clinker is sourced externally or goods carry another person's brand), and requires declarations, certificates or concessional-removal procedures to validate entitlement.

Tariff value fixation for pan masala set as a proportion of printed retail sale price.
Fixes tariff value for pan masala containing tobacco in retail packages with printed retail sale price at fifty percent of the printed retail sale price. Defines "retail sale price" to include the maximum consumer price inclusive of taxes, freight, commission and other charges and defines "retail package" as packaging produced or distributed for sale to consumers. The fixation is made under section 3(2) of the Central Excise Act, 1944 and supersedes the earlier notification cited; notes record later substitutions and alternative unit rates where retail sale price is not printed.