Tariff amendment adds classification for high-speed heat-set web offset rotary printing machines with minimum speed requirement and applicable customs duty.
Amendment to the customs tariff inserts a new tariff entry classifying high-speed heat-set web offset rotary printing machines, specifying the commodity description with a minimum operational speed requirement and attaching an applicable customs duty rate in the Table; the change is made under the Customs Act as a modification to the principal notification dated 1st March, 2002.

Excise Duty: Levy on high speed heat set web offset rotary printing machines with specified minimum speed under amended notification.
The government amended Notification No. 6/2006 by inserting a new tariff entry that imposes an excise duty on high speed heat set web offset rotary printing machines characterized by a prescribed minimum operational speed, thereby altering the tariff classification and duty incidence for that specified category of printing equipment.

Prohibition on pulse exports to Sri Lanka waived where DGFT grants specific permission, enabling regulated shipments.
The prohibition on export of pulses to Sri Lanka shall not apply to exports executed under specific permission granted by the Director General of Foreign Trade, an amendment made under the Central Government's powers in the Foreign Trade Act and Policy and issued in public interest.

Exchange rate determination for export goods: prescribed conversion rates effective from December for customs valuation purposes.
The Board issues a notification under the Customs Act, 1962 section 14(3)(a)(i) prescribing exchange rates for conversion of specified foreign currencies into Indian rupees for exported goods, effective from 1st December, 2006, superseding the earlier October notification; two schedules provide per unit rates for listed currencies and a 100 unit rate for Japanese Yen for customs valuation and related conversions.

Exchange rate determination: notified conversion rates for specified foreign currencies applicable to import valuation from a specified date.
Determination of rate of exchange for specified foreign currencies for imported goods under section 14(3)(a)(i) of the Customs Act, superseding a prior notification. Schedule I lists rates per one unit for various currencies; Schedule II lists the rate per one hundred units for Japanese Yen. These notified rates apply for conversion between foreign currency and Indian rupees for import valuation from the stated operative date.

Appointment of Special Adjudicator: Commissioner authorised to adjudicate DRI show cause notice against specified importer.
The Central Board of Excise and Customs authorised the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi, to exercise the powers and duties of the Commissioners of Customs (Import), Mumbai and Nhava Sheva for the sole purpose of adjudicating the show cause notice issued against M/s Paradise International and others by the Directorate of Revenue Intelligence dated 9th October 2006.

Appointment of special adjudicator authorising exercise of commissioner adjudicatory powers to decide a DRI show cause notice.
The Central Board of Excise and Customs appoints the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi and authorises him to exercise the powers and discharge the duties of the Commissioner of Customs, Jawahar Custom House, P.O. Uran, District Raigarh, solely for adjudicating matters arising from a specified show cause notice issued by the investigative unit.

Appointment of Special Adjudicator authorises transfer of adjudicatory powers to Commissioner to hear show cause proceedings.
The Central Board of Excise and Customs authorises the Commissioner of Customs (Export), Jawahar Custom House, Nhava Sheva to exercise the powers and discharge the duties of specified Commissioners of Customs for the purpose of adjudicating show cause notices relating to M/s M.K. Exim India Limited, confining the delegation to those identified proceedings.

Appointment of special adjudicator authorises a customs commissioner to adjudicate a Directorate of Revenue Intelligence show cause notice.
Authorises the Commissioner of Customs, Chennai Custom House (Sea Cargo), to act as Joint Commissioner of Customs in Mumbai and to exercise powers under section 4(1) and section 5(1) of the Customs Act, 1962, for the purpose of adjudicating matters arising from the show cause notice issued in relation to M/s Hutchison Essar South Limited and others.

Appointment of Adjudicating Authority authorises Commissioner to adjudicate show-cause notices in specified DRI matter relating to Bright Star Hotels
The Central Board of Excise and Customs appoints the Commissioner of Customs (Import and General), New Custom House, New Delhi to act as Commissioner of Customs, Inland Container Depot, Tughlakabad, and authorises him to exercise the powers and duties of that office solely for adjudicating the show-cause notice(s) issued to M/s Bright Star Hotels Private Limited and others by the Directorate of Revenue Intelligence, Delhi Zonal Unit.

Delegation of adjudication powers under the Customs Act authorises a Commissioner to adjudicate a specified show cause notice.
The Central Board of Excise and Customs, under sections 4(1) and 5(1) of the Customs Act, 1962, authorises the Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi to exercise the powers and discharge the duties of two named Commissioners of Customs solely for adjudicating the show cause notice issued by the Directorate of Revenue Intelligence in relation to M/s G.B. Morrison Travels Private Limited and others.

Special adjudicator appointment under Customs Act authorises commissioner to adjudicate DRI-issued show cause notices involving Jaypee Hotels.
The Central Board of Excise and Customs authorises the Commissioner of Customs (Imports), Jawahar Custom House, Nhava Sheva to exercise the powers and discharge the duties of the Commissioner of Customs, Inland Container Depot, Tughlakabad for the purpose of adjudicating show cause notices issued by the Directorate of Revenue Intelligence relating to M/s Jaypee Hotels Limited and others, thereby effecting a temporary transfer of adjudicatory competence for those proceedings.

Appointment of Special Adjudicator authorising delegation of adjudicatory powers for DRI show cause proceedings to Commissioner, Daman.
In exercise of sub section (1) of section 4 and sub section (1) of section 5 of the Customs Act, 1962, the Central Board authorises the Commissioner of Central Excise and Customs, Daman to exercise the powers and discharge the duties of the Commissioner of Customs, Custom House, Navrangpura, Ahmedabad, solely for adjudicating the show cause proceedings arising from a notice issued by the investigative agency concerning M/s Sunshine Overseas and others.

Appointment of Special Adjudicator: Commissioner authorised to adjudicate Show Cause Notices issued by DRI relating to importer cases.
The Central Board of Excise and Customs authorises the Commissioner of Customs (Imports), Air Cargo Complex, Mumbai to exercise the powers and discharge the duties of the Commissioners of Customs at New Customs House, Mumbai and Air Cargo Complex, Kolkata for the limited purpose of adjudicating show cause notices issued to M/s Communication Trade Links and others by the Directorate of Revenue Intelligence, Delhi Zonal Unit, pursuant to sections 4(1) and 5(1) of the Customs Act, 1962.

Appointment of special adjudicator authorizes a customs commissioner to adjudicate DRI show cause notices in specified matters.
The Central Board of Excise and Customs, under sections 4(1) and 5(1) of the Customs Act, 1962, appoints the Commissioner of Customs, Tuticorin and authorises him to act as the Commissioner of Customs (Port-Export), Chennai and as the Commissioner of Customs (Port), Kolkata for the purpose of adjudicating matters arising from the show cause notice issued to M/s Rajat Pharmachem Limited and others by the Directorate of Revenue Intelligence, Mumbai Zonal Unit.

Amendment to customs notification: specified table entries omitted under statutory powers, altering designated adjudicating authorities listings.
The Central Board of Excise and Customs, exercising statutory delegation of powers, amends Notification No.96/2006-CUSTOMS (N.T.) by omitting serial numbers 1, 4, 6 and 7 and the entries relating thereto under columns (2) and (3) of the table in that notification; the change is a targeted deletion limited to those table entries.

Exclusion of fuel price increases from VAT base requires benefit to be passed to consumers before tax reduction takes effect.
The Amendment excludes from the taxable sale price any increase in petrol and diesel prices (including Central duties and levies) taking effect from 6 June 2006, for sales on or after commencement, until the Government notifies otherwise; the exclusion does not take effect until the benefit is passed on to the consumer. The Act is deemed to have commenced on 20 June 2006 and repeals the prior Amendment Ordinance while saving actions taken under that Ordinance.

Approval validity under Income-tax rules limited to three assessment years for pre-amendment approvals.
The amendment substitutes sub-rule (3) of rule 2CA to provide that approvals of the Central Board of Direct Taxes, the Chief Commissioner, or the Director General granted before 1st December, 2006 shall have effect for a period not exceeding three assessment years, with the Income-tax (14th Amendment) Rules, 2006 coming into force from their publication in the Official Gazette.

Income exemption for receipts accepted on behalf of a religious institution, subject to accumulation, investment and filing conditions.
Notification excludes from a person's total taxable income receipts accepted on behalf of Sri Bramaramba Mallikarjuna Swamyvari Devasthanam under the income exemption provision for specified institutions, subject to conditions requiring exclusive application or limited accumulation of income, permitted modes of investment, exclusion of business receipts unless incidental and separately accounted, regular filing of returns, and transfer of surplus on dissolution to a like-minded organization.

Charitable income exemption: donations received on behalf of the Goud Saraswat Brahman Community not includable in donors' taxable income.
Notification under Section 10(23C)(v) excludes from the taxable total income of persons any income received by them on behalf of The Temples, Charitable Institutions and Funds of the Goud Saraswat Brahman Community of Bombay, Mumbai for the specified assessment years, subject to conditions requiring exclusive application or limited accumulation of income, permitted modes of investment, separate accounting for incidental business, regular return filing, and transfer of surplus and assets on dissolution to a like-minded organization.