Auxiliary duty amendment: Schedule entries removed from earlier customs notification, eliminating specified serial entries and adjusting exemption schedule.
The Central Government amends Notification No. 314/86-Customs by omitting Sl. Nos. 27 and 55 and their entries from the Schedule, exercising powers under sub-section (1) of section 25 of the Customs Act, 1962 read with sub-section (4) of section 49 of the Finance Act, 1986 on grounds of public interest.

Rescission of Customs exemption notifications: government withdraws specified prior notifications under statutory rescission power provision.
Rescission of specified Customs exemption notifications under the executive power to withdraw subordinate instruments in the public interest; the Central Government has expressly withdrawn two prior exemption notifications issued by the Ministry of Finance (Department of Revenue), removing the exemptions previously conferred by those instruments.

Rescission of notification revokes earlier central excise exemption issued under Central Excise Rules by the Central Government.
The Central Government, under sub rule (1) of rule 8 of the Central Excise Rules, 1944, rescinds Notification No. 296/83 Central Excises dated 21st December, 1983, thereby revoking the earlier notification and removing its legal effect.

Customs tariff amendment substitutes specified drug intermediate entries in exemption notification under statutory powers.
Central Government amends a customs exemption notification under the Customs Act by substituting specified serial entries in the annexed Table with updated descriptions of drug intermediate chemicals, thereby revising the list of exempted tariff items for those intermediates.

Customs exemption for specified copper imports caps duty at prescribed rates, reducing assessable import liability across defined product categories.
The Central Government exempts specified copper goods falling within Chapter 74 from customs duty to the extent that duty exceeds amounts calculated at the prescribed rates set out in the annexed Table. The notification, issued under the Customs Act and superseding an earlier notification, lists categories such as copper matte and master alloys, unwrought copper, copper waste and scrap, wrought bars and sections, wires and rods, plates and foil, tubes and fittings, and other copper articles, and fixes corresponding duty-rate caps for imported goods.

Additional baggage allowance: duty-free import for returning workers upon mission certification and declaration, subject to exclusions and limits.
Provision grants a duty-free baggage allowance to returnees who worked abroad for a minimum period and produce an Indian Mission certificate; goods must have been in the passenger's or family's possession and use abroad for a minimum period, be imported in the name on the certificate, and be supported by a declaration not contradicted by examination. The allowance is subject to a frequency limitation and excludes specified items including motor vehicles, major appliances, firearms and certain tobacco and alcohol quantities; it cannot be availed simultaneously with the alternate baggage concession.

Approval under section 35(1)(ii) conditions association recognition on separate research accounts, annual returns and audited filings.
Approval under the Income-tax Act granted Indchem Research and Development Laboratory, Madras, recognition as an Association under clause (ii) of sub-section (1) of section 35 read with the Income-tax Rules, subject to conditions: maintain separate research accounts; file annual research activity returns by the prescribed deadline; submit audited annual accounts and balance-sheet to the prescribed authority and Commissioner by the specified annual date; and apply for extension to the Central Board of Direct Taxes before approval expiry.

Auxiliary duty imposed on stepper motors for clocks, adding an additional per piece customs charge under the tariff.
Amendment to Notification No. 310/86 Customs inserts an entry imposing an auxiliary duty on stepper motors for clocks/alarm clocks under heading 85.01 of the First Schedule, specifying a per piece levy and thereby adding that charge to the Table of the original notification.

Customs duty exemption sets specified piece rates for certain motors, limiting liability to prescribed rates and waiving additional duty.
Notification prescribes reduced effective customs rates for goods under Heading 85.01, exempting imports from the portion of customs duty above the prescribed piece rates and from the whole of the additional duty under the Customs Tariff Act; the Table lists operative piece rates for Stepper Motors for clocks/alarm clocks and for D.C. micromotors meeting specified voltage and output limits.

Life saving formulations exemption amended: specified pharmaceutical entries substituted in the annexure updating exempted items list.
Amendment to a central excise exemption notification substituting specific entries in the Annexure that list life saving formulations. Under powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Government substitutes the textual entries at specified Item Numbers in Notification No. 122/86-Central Excises (1 March 1986), thereby updating the enumerated list of exempted life saving formulations without changing the exemption mechanism.

Approval under section 35(1)(ii): institute status granted subject to accounting, reporting and renewal conditions.
Approval under section 35(1)(ii) grants Sah Industrial Research Institute status as a scientific-research association conditional on maintaining separate accounts for research receipts; filing annual returns of research activities by 30 April; submitting audited annual accounts, income and expenditure statements, and balance sheets to the prescribed authority and the Commissioner of Income-tax by 30 June; and applying for renewal to the Central Board of Direct Taxes three months before approval expiry, with late applications liable to rejection.

Exemption from rule 174: cigars and cheroots remain outside that rule while exempt from the specified excise duty.
The Central Government, under rule 174A of the Central Excise Rules, 1944, supersedes the earlier notification and exempts cigars and cheroots under heading No. 24.02 of the Central Excise Tariff Act, 1985 from the operation of rule 174, provided those cigars and cheroots remain exempt from the whole of the excise duty specified in the Tariff Schedule.

Exemption condition: woven polymer sacks exempt only if manufactured on flat knitting looms, by amendment to earlier notification.
The Central Government amended Notification No. 223/86 by inserting a proviso that the exemption for woven sacks of polymers of ethylene or propylene, or a combination thereof, shall apply only if such woven sacks are manufactured on flat knitting looms.

Excise duty exemption for specified railway rolling stock: conditional reduced per unit duty applies subject to prohibition on input credit.
The notification exempts specified railway rolling stock under Chapter 86 by limiting excise duty to fixed per-unit rates shown in the Table; duty in excess of those amounts is exempt. The exemption is subject to the condition that no input duty credit under rule 56A or 57A has been availed. Additionally, when single sub-units of three-car DCEMU coaches are cleared as spares under a contract for complete units, duty on each sub-unit is leviable at one-third of the duty payable on the complete unit.

Tariff amendment: substitution of a tariff heading in the central excise notification affecting specified duty paid inputs and final products.
The Central Government, exercising powers under sub rule (1) of rule 8 of the Central Excise Rules, 1944, amends Notification No. 225/86 Central Excises (dated 3 April 1986) by substituting the figures in column (2) against Sl. No. 4 in the annexed Table with a different tariff classification for specified final products manufactured from duty paid inputs.

Research institution approval under section 35(1)(ii) requires separate research accounts, annual returns, audited accounts, and timely renewal.
Approval of Hexamar Agricultural Research and Development Foundation under section 35(1)(ii) as an Association is conditional on maintaining separate research accounts, furnishing annual research activity returns by 30 April, submitting audited annual accounts and balance-sheet with copies to the prescribed authority and Commissioner by 30 June, applying for renewal three months before expiry, and utilising fifty per cent of the corpus before accepting further research sums. The approval is effective from 1 January 1986 to 31 March 1988.

Approval conversion under section 35(1)(ii) results in time bound recognition with compliance obligations for research institutions.
Approval under section 35(1)(ii) for River Research Institute, Calcutta is converted from perpetual to time bound validity up to 31 12 1985, subject to maintaining a separate account for research funds, furnishing annual returns of scientific research activities by 30th April to the prescribed authority, and submitting audited annual accounts and a balance sheet to the prescribed authority by 30th June with copies to the concerned Commissioner of Income tax.

Specification of public sector bonds confirms two seven year secured redeemable bonds specified for wealth tax treatment.
Specification under section 5(1)(xvie) designates particular public sector debentures as falling within the clause for wealth tax purposes. The Central Government, by notification dated 19 November 1986, specifies two instruments as eligible: a seven year secured redeemable non convertible bond issued by the Indian Petrochemicals Corporation Ltd., Baroda, and a seven year secured redeemable bond (13th Series) issued by the Rural Electrification Corporation Ltd., New Delhi.

Research approval under section 35(1)(ii) granted with compliance, reporting, and renewal conditions for tax eligibility.
Approval under section 35(1)(ii) is granted to Sri Sathya Institute of Higher Learning as a "University" for research tax purposes, conditional on maintaining separate research accounts, filing annual research returns by 30 April, submitting audited accounts and balance-sheets to the prescribed authority and Commissioner by 30 June, and applying for renewal to the Central Board of Direct Taxes three months before expiry; the approval runs from 28 April 1986 to 31 March 1989.

Tariff exemption for pesticide inputs when imported by actual users, relieving additional customs duty under law
The Central Government exempts specified Chapter 29 chemical inputs imported by actual users for pesticide manufacture from the whole of the additional duty leviable under the Customs Tariff Act; the exemption is confined to the listed substances and does not affect other applicable duties or import requirements.