Rate of exchange determination fixes the Russian rouble conversion rate for Customs Act currency valuation purposes.
The Central Government fixes the rate of exchange for one Russian rouble into Indian currency at rupees 12.1527 for purposes of the Customs Act, 1962, and supersedes the prior notification dated 15th November, 1985.

Baggage allowance restrictions for certain electronic goods; unaccompanied baggage excluded and firearm cartridge limits added.
Amendments restrict duty-free import of one Colour Television Set, Video Cassette Recorder, Video Cassette Player or Video Camera to only up to five hundred rupees of value and exclude unaccompanied baggage from this concession; cartridges of firearms exceeding fifty units are added to the lists in Rule 4A(2) and Rule 9. The rules are made under section 79(2) of the Customs Act, 1962 and commence on 15 February 1986.

Baggage exemption rules amended to broaden descriptive terms, revise pronouns and remove a clause affecting exemptions.
The Baggage (Conditions of Exemption) Amendment Rules, 1986 amend Rule 2 of the 1975 Rules by substituting the description "a T.V. set" with "other goods", changing singular pronoun phrasing to plural, omitting a terminal "or", and by deleting clause (c) of Rule 2. The amendments are enacted under the statutory power in section 79(2) and commence on publication in the Official Gazette.

Effective rate of duty for passengers' baggage increased: higher ad valorem charges and a new cartridge provision take effect.
Amendment substitutes tariff entries to set the effective rate of duty for passengers' baggage: 130% ad valorem on the first specified monetary threshold for baggage other than unaccompanied baggage and 200% ad valorem on unaccompanied baggage; and inserts a provision in paragraph 2 adding cartridges of firearms exceeding fifty. The changes are made under section 25(1) of the Customs Act, 1962 and come into force on the stated February 1986 date.

Auxiliary duty amendment removes a specified entry from the customs exemption schedule, altering the prior notification's schedule.
The Central Government, invoking powers under the Customs Act and the Finance Act, amends Notification No. 161/85-Customs by omitting S. No. 9 and the entry relating thereto from the Schedule, thereby deleting that item from the miscellaneous exemption framework for auxiliary duty.

Rescission of customs notification withdraws prior exemption notification as a public interest exercise of statutory power.
The Central Government, invoking its authority under sub section (1) of section 25 of the Customs Act, 1962, being satisfied that it is necessary in the public interest, hereby rescinds Notification No. 202/84 Customs dated 19th July 1984, withdrawing the miscellaneous exemption created by that earlier notification.

Duty exemption for inbond transfers to NOIDA Export Processing Zone permits excise free supply for export only production, subject to bond procedure.
Excisable goods moved from factories or warehouses in India into the NOIDA Export Processing Zone are exempt from central excise and additional excise duties when brought directly for use by authorised plot holders in production solely for export, subject to conditions: consignee authorisation, direct removal, exclusive use for export production with export of resultant goods, and compliance with the Appendix procedure requiring prior application, bonds or security, certificate issuance, serialised removal applications, marking and gate pass protocols, re warehousing checks, central accounting by Zone authorities, and duty liability for shortages or non accounted use.

Free trade zone designation: Noida Export Processing Zone specified under central excise law with defined territorial and boundary details.
The Central Government, under the Central Excises and Salt Act, 1944 and Central Excise Rules, 1944, designates the NOIDA Export Processing Zone at Ghaziabad as a free trade zone, specifying its territorial limits by listing khasra/survey numbers for villages Nagia Charan Das and Bhagel Begam Pur and describing the enclosing boundary wall's construction, height and segmental linear extents for administrative and central excise purposes.

Warehousing station declaration converts the export processing zone into a customs warehousing area under section nine.
The Central Board of Excise and Customs, invoking powers under section 9 of the Customs Act, declares the FALTA Export Processing Zone-previously designated a free trade zone-to be a warehousing station, thereby placing the zone within the customs warehousing regulatory framework.

Warehousing station designation: Madras Export Processing Zone declared a warehousing station under the Customs Act by notification.
The Central Board of Excise and Customs, invoking powers under section 9 of the Customs Act, 1962, notifies that the Madras Export Processing Zone, already specified as a free trade zone, is declared to be a warehousing station, effective by the notification dated 18-1-1986.

Customs additional duty exemption for specified antibiotic imports, relieving listed pharmaceuticals from additional tariff on import.
Notification exempts specified pharmaceutical goods falling within Chapters 29 and 30 from the whole of the additional duty leviable on import, granted by the Central Government in the public interest. The exemption applies specifically to cephalexin tablets, capsules and syrups; cloxacillin sodium capsules, syrups and injections; and cephaloridine injections when imported into India.

Customs amendment powers revise exemption schedules, omitting specified drug entries and substituting a tariff item under statutory authority.
Under section 25(1) of the Customs Act, 1962, the Central Government amends prior exemption notifications by omitting specified entries from Notification No. 45-Customs (Sl. Nos. 23 and 24), omitting specified drug items from Notification No. 208-Customs (item Nos. 23, 24 and 34 under "A. Life Saving Drugs or Medicines"), and substituting the entry for Sl. No. 14 in Notification No. 57-Customs with "14. 7 ACA and 7 ADCA."

Customs notification amendment: Government updates exemption schedules and adds tariff entries affecting antibiotic imports under customs law.
Central Government amends prior customs notifications by inserting a new notification reference into an exemption schedule, substituting schedule entries to list specific antibiotics, and adding a tariff table entry designating 6-Amino Penicillinic Acid (6-APA) under the stated heading with an ad valorem duty based on the goods' value determined under customs valuation.

Customs exemption scope expanded to include amino penicillinic acid within ethyleneamines list, altering tariff notification coverage.
The Central Government amended a Customs tariff exemption notification by substituting the listed chemical items so that ethylenediamine, diethylenetriamine, triethylenetetramine, polyamines and 6-Amino Pencillinic Acid (6-APA) are expressly included, thereby expanding the class of goods covered by the existing exemption.

Exemption of potassium penicillin imports removes customs and additional duty under the Customs Act notification.
The Central Government, invoking section 25(1) of the Customs Act, 1962, exempts potassium penicillin G first crystals and potassium penicillin V first crystals in Chapter 29 from the whole of the customs duty specified in the First Schedule and from the whole of the additional duty leviable under the Customs Tariff Act when imported into India, on grounds of public interest.

Amendment to customs exemption schedule: specified prior notifications added, updating the exemption framework under delegated authority.
An amendment to Notification No. 314/86-Customs inserts new entries into its exemption schedule: entry 19A adding Notification No. 118-Customs (19th June, 1980), and entries 68 and 69 adding Notifications No. 343-Customs and No. 350-Customs (16th June, 1986), effected under powers of the Customs Act and the Finance Act to update the list of exemptions.

Non-enforcement of excise duty: Government directed excise on cycle accessories need not be paid for a prior period.
The Central Government directed that, due to a generally prevalent practice of non-levy, the whole of the excise duty that would otherwise have been payable on cycle accessories under Tariff Item 68 shall not be required to be paid for the specified past period in which that practice resulted in non-levy.

Customs exemption for sponge iron: duty above a 10 percent ad valorem cap and additional duty waived for eligible plants.
Sponge iron imported for use in integrated steel plants is exempted from customs duty to the extent that such duty exceeds an ad valorem cap of 10 percent and is wholly exempted from the additional duty otherwise leviable under the customs tariff, with "integrated steel plants" defined as facilities processing basic raw materials through to finished saleable items and the exemption limited to the stated period.

Excise duty exemption for silver oxide button cells: full relief granted under rule-based authority for a limited period.
Silver oxide button cells under Tariff Item 31 are exempted from the whole of the central excise duty leviable under the principal enactment by administrative notification issued under rule-based authority, such relief applying for the temporal period specified in the notification.

Tax exemption notification confirms qualification of a charitable diocese under income tax provisions for specified assessment years.
The Central Government notification under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 notifies The Catholic Diocese of Meerut as eligible for tax-exempt status under that provision for the specified sequence of assessment years, formally recognising the Diocese within the section 10(23C) tax-exemption framework.