Rescinding notification under Central Excise Rules revokes a prior central excise exemption notification, invoking rule-based administrative powers.
The Central Government, exercising powers under sub-rule (1) of rule 8 of the Central Excise Rules, 1944, rescinds a previously issued central excise exemption notification, withdrawing that earlier exemption instrument from the statutory framework governing central excise tariff and miscellaneous exemptions.

Export under bond: substitution of 'Bond Warehouse' with 'Warehouse' alters Annexure terminology for non-duty paid goods exports.
The notification amends the earlier Central Excise notification by substituting the phrase "Bond Warehouse" with "Warehouse" in the Annexure to Appendix II, effected under powers conferred by rule 13(2) of the Central Excise Rules, 1944, and specifies the date on which the amendment comes into force.

Set-off of duty: amendment removes the requirement "including execution of a bond" from the exemption clause.
The Central Government, exercising powers under sub rule (1) of rule 8 of the Central Excise Rules, 1944, amends the Appendix to Notification No. 201/79-Central Excises by omitting the words "including execution of a bond" from paragraph 6A, clause (ii), thereby removing the bond-related condition attached to the specified exemption; the amendment comes into force on 28th February, 1986.

Export under bond: terminology revised to remove 'bonded' and replace 'Bond Warehouse' with 'Warehouse', clarifying export procedure.
Amendment revises export procedures for non-duty-paid goods by omitting the term "bonded" throughout the cited notification and substituting "Bond Warehouse" with "Warehouse" in Annexure II, effecting a textual clarification within the exemption framework under the Central Excise Rules.

Removal of 'bonded' term from Schedule modifies exemption scope under Central Excise notification, effective end February 1986.
The Central Board of Excise and Customs, invoking sub rule (1) of rule 175 of the Central Excise Rules, 1944, amended Notification No. 260/76 C.E. by omitting the word "bonded" wherever it occurs in the Schedule; this omission changes the Schedule's terminology affecting exemptions and licence descriptions and takes effect on 28 February 1986.

Bond for provisional excise assessment secures compliance with export, special industrial use and payment obligations under Central Excise Rules.
A prescribed general bond (with surety or security) secures provisional assessment under Rule 9-B and removal or procurement of excisable goods for export or for special industrial use without payment of full duty. The obligor and surety are jointly liable to the President; missing particulars for provisional assessments must be furnished within the period fixed, and any dues fixed on final assessment must be paid into the treasury within ten days of demand. Surety liability survives forbearance and the President may realize loss from deposited security or by enforcing the bond.

Bond requirements removed - excise rules amended to eliminate bond executions and reform storage, removal and security procedures.
The amendment removes bond-based obligations across the Central Excise Rules by omitting or rewording provisions that required execution of bonds for storage, removal, provisional assessment and related processes; it replaces certain bond procedures with licence applications for private store-rooms, revises warehouse enforcement so officers act on goods and sale proceeds rather than on bonds, prescribes a revised General Bond form in Appendix I while deleting multiple bond series and specimen forms, and redefines owner liabilities to pay duties, charges and interest directly with specified collection procedures.

Rescission of notification: administrative withdrawal of a prior central excise exemption, effective on specified date.
The Central Government, under sub-rule (1) of rule 8 of the Central Excise Rules, 1944 read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957, rescinds notification No. 56/76-Central Excises (dated 16th March, 1976), withdrawing the exemption previously granted; the rescission takes effect on the 28th day of February, 1986.

Rescission of notifications withdraws specified Central Excise exemptions, altering the tariff exemption framework effective end of February.
The Central Government, under sub-rule (1) of rule 8 of the Central Excise Rules, 1944, rescinds three specified notifications concerning Central Excise tariff miscellaneous exemptions, thereby withdrawing those notifications and changing the exemption framework; the rescission takes effect on 28th February, 1986.

Excise exemption for specified pile, chenille, tufted and knitted fabrics limits duty to parity with corresponding woven fabrics.
Woven pile, chenille, tufted and knitted or crocheted fabrics under the specified tariff headings are exempted from any excise duty and additional excise duty in excess of the duty leviable on the corresponding woven fabrics in Chapters 51-55, read with notifications in force; correspondence is determined by processes performed, value per square metre, or textile material content.

Excise duty exemptions limit liability for specified tariffed goods to prescribed rates, with select items exempted or charged ad valorem.
Exempts specified goods under designated tariff headings from excise duty in excess of the rates set in the notification Table, with certain items attracting nil duty and others specified ad valorem rates. The Table enumerates covered descriptions-including parts of pens, modified vegetable fats and oils, non alcoholic beverages with added sweetener or flavoring, defined bulk drugs, coffee powder, certain clothing accessories, polyurethanes and petroleum jelly-and assigns the operative duty treatment for each.

Excise exemption caps duty on specific olefinic hydrocarbons at a fixed ad valorem rate, subject to temporal limits.
Exemption limits excise duty on ethylene, propylene, butylene and butadiene (sub heading 2711.12) to the amount calculated at the rate of twelve per cent ad valorem, excluding those derived from refining of crude petroleum or shale; the exemption is enacted under sub rule (1) of rule 8, Central Excise Rules, 1944, and is effective from commencement of the Central Excise Tariff Act, 1985 until 28 February 1986.

Excise duty exemption for specified chemical goods conditioned on restricted end uses and official verification of non fuel use.
Goods under sub-heading 2902.20 are exempted from excise duty in excess of Rs. 35.00 per kilolitre at 15 C when intended for the enumerated industrial or analytical uses; an Assistant Collector of Central Excise must be satisfied that such goods will not be used for motive power or as fuel, proof of use must be furnished to that officer, and where use is outside the factory the Chapter X procedure of the Central Excise Rules, 1944 applies.

Excise exemption for alcohols removes excise duty under governing rules, exempting specified tariff-classified alcohols from levy.
The Central Government, exercising powers under the Central Excise Rules, exempts alcohols falling within the specified tariff subheading from the whole of the excise duty leviable under the Central Excise statute; the exemption operates by notification and takes effect from the day following issuance, relieving those tariff-classified alcohol products from duty.

Central Excise amendment updates tariff classifications and omits specified notification entries, altering rule references and taking effect promptly.
Amendment modifies listed Central Excise notifications by substituting earlier Schedule references with updated chapters and headings of the Central Excise Tariff Act, amending cross references to sub rule (1) of rule 8 of the Central Excise Rules, 1944, inserting or altering specified tariff entries, and omitting designated serial entries in the Tables; these changes apply to the notifications enumerated in the annexed Table and come into force on 28 February 1986.

Tariff amendment updates export drawback rule reference and omits a specified clause, effective at end of February.
Amendment removes sub clause (iii) of clause (b) in column (2) against Serial No. 1 and substitutes, in column (5) against Serial No. 5, the reference to the Customs and Central Excise Duties Drawback Rules, 1971 in place of the Export Drawback (General) Rules, 1960; changes take effect on 28 February 1986.

Central Excise Rules amendment updates schedule references and omits specific rule provisions to align with the Tariff Act.
Amendment to the Central Excise Rules substitutes references to the "First Schedule to the Act" with the "Schedule to the Central Excise Tariff Act, 1985", replaces a proviso reference to multiple items of the First Schedule with a reference to multiple chapters of the Tariff Schedule, omits a specific cross reference identifier in another rule, and deletes an express cross reference to a sub rule in rule 224 to align rule text with the Tariff Schedule.

Notification under section 10(23C)(iv): Assam Rifles Group Insurance Scheme recognised for assessment years 1982-1987.
Notifies the Assam Rifles Group Insurance Scheme as recognised under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, with the Central Government issuing the notification to apply that statutory recognition to the stated assessment-year period for income-tax purposes.

Tax exemption notification: Society for Promotion of Waste-lands Development recognised under section 10(23C)(iv) for specified assessment years.
The Central Government notifies the Society for Promotion of Waste-lands Development under section 10(23C)(iv) of the Income-tax Act, 1961, formally recognising the society for income-tax exemption purposes and specifying the assessment-year period to which that recognition applies.

Research institution approval requires maintaining separate research accounts and annual audited reporting to authorities and furnishing prescribed returns.
Approval under section 35(1)(ii) designates Birla Institute of Medical Research, Gwalior as an approved "Association" for research-related tax purposes subject to specified conditions: maintain separate accounts for research receipts; furnish annual scientific research returns to the prescribed authority in prescribed forms by the annual deadline; and submit audited annual accounts showing income, expenditure, assets and liabilities to the prescribed authority with copies to the concerned Commissioner of Income-tax by the annual deadline.