Auxiliary duty rescission: government withdraws specified customs exemption notifications, effective 28 February 1986.
Central Government, invoking powers under the Customs Act and the Finance Act, rescinds five specified Ministry of Finance/Department of Revenue customs exemption notifications relating to auxiliary duty and declares that this rescission shall come into force on 28 February 1986.

Customs exemption for bearings under heading 84.82 reduces specified customs duty according to prescribed tariff categories and rates.
Exemption under section 25(1) of the Customs Act excludes specified goods under heading 84.82 from part of the customs duty according to the annexed Table, without affecting other existing notification-based exemptions; the Table differentiates ball and roller bearings and their parts into weight/size subcategories with corresponding ad valorem rates and specified per-piece duties, and the notification commences on the stated date.

Auxiliary duty exemption for imported zinc concentrates caps supplemental customs levy to a proportion of assessed value.
Zinc concentrates imported under the Customs Tariff Heading are exempted from that part of the Finance Act auxiliary customs duty which exceeds a specified proportion of the goods' value as determined under the Customs Act; the notification is issued under Customs and Finance Act powers and supersedes a prior notification, with a stated commencement date.

Customs tariff amendment updates exempted organic chemicals list, substituting specified entries to align exemptions under customs law.
Amendment to the customs exemption Table substitutes entry (9) against serial number 53 with a new entry listing specified organic chemicals-sorbitol, pentaerythritol, crude erythromycin/erythromycin thiocyanate and 6 amino penicillinic acid (6 APA)-made under the power of section 25(1) of the Customs Act and brought into force on the stated commencement date.

Auxiliary duty amendment inserts a new customs notification entry altering exemption schedule, effective upon its notified commencement.
The Central Government, invoking section 25(1) of the Customs Act and section 43(4) of the Finance Act, amends Notification No. 163/85-Customs by inserting after entry No. 45 an entry referencing Notification 112-Customs dated 17th February, 1986; promulgated as Notification No. 138/86-Cus and effective from 28th February, 1986.

Tariff amendment: exemption for starting and ignition equipment for tractors, excluding equipment for non-eastern road tractors, with conditions.
Amendment inserts entry 17A to the tariff notification creating a classification and exemption for starting and ignition equipment designed for use in tractors, expressly excluding tractors designed for transport on roads other than eastern roads, and specifying the operative commencement date for the amendment.

Approved research institution status under section 35(1)(ii) requires annual reporting and timely renewal to preserve tax recognition.
C. C. Shroff Research Institute is approved under section 35(1)(ii) as an institution for scientific research, subject to maintaining a separate research account, filing annual returns of research activities by 30 April, submitting audited annual accounts and balance sheet to the prescribed authority by 30 June with copies to the Commissioner, and applying for extension three months before approval expiry; approval effective 13 October 1985 to 31 December 1986.

Tax exemption notification under section 10(23C)(iv) grants charitable status to Vivekananda institutions for limited assessment years.
Central Government notification S.O.2231 dated 24-2-1986 recognizes Vivekananda Rock Memorial and Vivekananda Kendra, Madras as qualifying for the Income-tax Act exemption for charitable institutions and applies that notification to a specified sequence of assessment years.

Tax exemption notification under section 10(23C)(v) designates Thiruvavaduthurai Adheenam as eligible for income-tax exemption.
The Central Government notifies Thiruvavaduthurai Adheenam, Thanjavur District, as an entity recognised under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1985-86 to 1987-88, exercising the power conferred by sub-clause (v) of clause (23C) of section 10 to include the institution within the class eligible for the statutory tax treatment specified by that provision.

Set-off of duty amended to expressly include motor vehicles, including tractors, in the substituted tariff entry.
Amendment under sub rule (1) of rule 8 of the Central Excise Rules, 1944 substitutes the entry in clause (c), Sl. No. 34, column (5) of Notification No. 82/86-Central Excises with the description: "Motor vehicles, all sorts, including tractors", thereby specifying motor vehicles and tractors for the relevant set-off of duty tariff entry.

Section 35(1)(ii) approval restricted for Nowresjee Wadia Maternity Hospital; validity limited to 31 March 1986.
Approval under section 35(1)(ii) of the Income tax Act, 1961, granted to Nowresjee Wadia Maternity Hospital, Bombay, is restricted in duration and limited to 31 March 1986, thereby confining the temporal scope of the earlier notification and the hospital's entitlement under that income tax provision.

Approval under section 35(1)(ii) restricted, limiting perpetual tax exemption for Vijnana Parishad until the specified cutoff.
The perpetual approval earlier granted under section 35(1)(ii) of the Income-tax Act, 1961, to the Vijnana Parishad, Allahabad, is restricted by notification S.O.1455 dated 20-2-1986 so that the approval shall operate only up to 31-3-1987, modifying the effect of the prior 11-12-1972 approval.

Approval restriction under section 35(1)(ii): Salgaocar Medical Research Centre's tax-exempt research approval limited to 31 March 1986.
Approval granted to the Salgaocar Medical Research Centre, Chikalim, Goa, under section 35(1)(ii) of the Income-tax Act, 1961 is restricted so that the prior approval referenced in the Ministry of Finance notification dated 27 October 1975 is effective only up to 31 March 1986, as notified by S.O.1454 dated 20 February 1986.

Tariff exemption for tyres, tubes and flaps: conditional original equipment relief requiring marking and procedural certification.
Amendment substitutes the exemption provision and Table to permit conditional exemption of tyres, tubes and flaps where an Assistant Collector certifies they are intended as original equipment for specified vehicles, the items are prominently marked "O.E.", and the procedure in Chapter X of the Central Excise Rules, 1944 is followed; separate conditions address two and three wheeled vehicles (including electrically operated and handicapped use designs) and tractors.

Amendment of customs notification adds specified goods categories to port and airport appointment entries under statutory authority
The Central Government amends Notification No. 226/81 Customs under the power of clause (a) of section 7 of the Customs Act, 1962 by inserting, after item (xvi), four new entries - electrical goods; perfumery compounds and essential oils (non alcoholic); aggarbathies and dhoop; and tobacco products - thereby expanding the list of goods referenced in the notification concerning appointment of customs ports and airports.

Rate of exchange amendment updates specified foreign currency exchange rates for customs valuation and tariff calculation.
Central Government, exercising powers under sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962, substitutes specified serial entries in the Schedule to the 1 January 1986 customs notification by replacing prior entries with newly prescribed rates of exchange for listed foreign currencies, thereby updating the official exchange rates used for customs tariff calculations.

Income-tax Appellate Tribunal updates dress regulations for members, representatives and professionals appearing before the tribunal.
The 1986 amendment substitutes Rule 17-A to prescribe dress regulations: Members shall wear white trousers with a black coat and black tie in summer (striped or black trousers allowed in winter); female Members a black coat over a white saree. Authorised representatives must wear specified formal or national dress, with professionals permitted to wear their prescribed court attire; all other persons must be properly dressed.

Auxiliary duty exemption limits payable auxiliary customs duty on specified imported industrial and electrical goods under tariff headings.
The Central Government exempts specified imported goods listed by tariff Chapter and Heading from auxiliary customs duty to the extent that such duty exceeds an amount equal to twenty-five percent of the value of the goods as determined under the Customs Act; applicability is limited to the goods and exclusions set out in the annexed Table and operates on importation.

Exemption from auxiliary customs duty on specified imported goods under the Finance Act covers foodstuffs, fuels and raw materials.
Exemption from the whole of the auxiliary duty under section 43(1) of the Finance Act is granted for specified imported goods listed by tariff chapter in the annexed Table. The Table covers foodstuffs (pulses, grains, salt), petroleum and mineral oils (motor spirit, kerosene, aviation turbine fuel, high speed diesel, diesel oil, furnace oil, lubricating oil), fertilizers, educational film materials, PVC resins, raw hides and skins, printed matter and specimens, cotton raw, certain pearls and rough gemstones and diamonds, current coin and other Chapter 99 goods. Detailed technical definitions for fuels and oils are provided.

Customs tariff amendments revise specified commodity classifications and insert definition for "sheet", altering prior notifications.
The Central Government, under statutory powers, amends seven prior customs notifications by substituting specified tariff headings, sub headings and classification figures in the Tables of those notifications, inserts an Explanation defining "sheet" in one notification to exclude certain coiled semi finished hot rolled products with dimensional limits, and prescribes an effective date in February 1986.