Customs duty exemption for power-generation imports caps basic ad valorem duty and waives the statutory additional duty.
Exemption applies to goods under sub heading 2711.11 imported for power generation: customs duty in excess of 15% ad valorem specified in the First Schedule is exempted, and the whole of the additional duty under section 3 of the Customs Tariff Act is waived for such imports.

Customs exemption expansion adds specialised powder metallurgy and compacting presses to the exempted goods list under amendment.
The notification amends the annexed Table of an existing customs exemption notification by inserting a new serial (x) that lists three categories of presses: ISO static presses for powder metallurgy (for manufacture of automotive components), extrusion presses for forming green compacts, and automatic hydraulic/mechanical presses with shuttling devices for hard metal powder compacting and bonded abrasive manufacture, effected by the Government under its executive powers as necessary in the public interest.

Interest exemption for Non Resident Non Repatriable Rupee Deposit Scheme applies to non-residents only going forward.
Interest on deposits under the Non-Resident (Non-repatriable) Rupee Deposit Scheme is specified as accruing exclusively to non-residents for tax purposes, under the Central Government's power in clause (15)(i) of section 10 of the Income-tax Act, and applies for assessment year 1993-94 and subsequent years.

Tax exemption under sub-clause (v) of clause 23C limits benefit to temples meeting application, investment, and accounting conditions.
Notification grants exemption under sub-clause (v) of clause (23C) of section 10 to Arulmigu Ramanathaswamy Temple for specified assessment years provided the temple applies or accumulates income wholly and exclusively for its objects, limits investments and deposits to forms permitted under section 11(5) (except certain voluntary contributions), and that business income is excluded unless incidental and accounted for in separate books.

Exchange rates for export goods set by government, establishing specified currency conversion rates effective from the stated date.
The Central Government, under the specified provision of the Customs Act, 1962, determines official rates of exchange for listed foreign currencies for purposes relating to export goods, expressed as the foreign currency equivalent to Rs. 100; those rates take effect from 1 September 1992 and are set out in the schedule to the notification.

Exchange rate determination sets official conversion rates for foreign currencies for stamp duty and customs purposes, effective from notified date.
Prescribes official conversion rates for specified foreign currencies to be used in calculating stamp duty and for customs purposes relating to imported goods, determining the rate of exchange for each listed currency and fixing a binding schedule of conversion entries to be applied for valuation and stamp duty assessment.

Duty exemption for excisable goods from export or free trade units cleared under duty free import licences with conditions.
All excisable goods produced in a 100% Export Oriented Undertaking or a Free Trade Zone and cleared to a duty free import licence holder against an advance release order are exempt from excise duty under section 3, subject to the licence holder producing the original advance release order specifying quantity, description and value; the proper officer debiting the quantity and value in the advance release order before clearance; and the manufacturer complying with rules 156A and 156B as modified by rule 173N of the Central Excise Rules, 1944.

Customs exemption for phosphoric acid imports allows duty-free entry when used in fertilizer manufacture.
Exemption is granted for imported phosphoric acid classified under Chapter 28 of the First Schedule to the Customs Tariff Act, 1975, when imported for the manufacture of fertilizers, relieving it from the whole of the customs duty specified in that schedule and from the whole of the additional duty leviable under Section 3 of the Customs Tariff Act, on the stated satisfaction of necessity in the public interest.

Customs amendment expands covered inputs: 'raw materials' and 'components' broadened to include intermediates, consumables, parts and packing.
Amendment under sub section (1) of section 25 of the Customs Act, 1962 substitutes, in Notification No. 134/91 Customs, every occurrence of the words "raw materials and components" with "raw materials, components, intermediates, consumables, parts other than spares and packing materials," thereby expanding the categories of goods covered by the exemption.

Customs exemption wording expanded to include intermediates, consumables, parts other than spares and packing materials.
The amendment substitutes the words "raw material and components" wherever they occur in Notification No. 513/86-Cus. with "raw material, components, intermediates, consumables, parts other than spares and packing materials", thereby expanding the descriptive reach of the exemption.

Customs exemption amendment broadens eligible goods and permits further inclusions by public notice under trade policy.
Amendment under delegated customs authority broadens the exemption scope by replacing "raw materials and components" with "raw materials, components, intermediates, consumables, parts other than spares and packing materials" and adds a schedule entry permitting any additional items as may be specified by a Public Notice pursuant to the Export and Import Policy provision.

Auxiliary duty amendment: government adds an additional customs notification entry to the exemptions schedule altering tariff administration.
The Central Government, exercising powers under the Customs Act and the Finance Act, amends Notification No. 190/92-Cus by inserting an additional serial entry after Serial No. 312 in the Schedule, thereby adding a further customs notification reference as a miscellaneous exemption/tariff schedule adjustment.

Customs exemption for specified inputs allows duty-free import for manufacture of goods supplied to listed aid and project agencies.
Notification No. 260/92-Cus exempts specified raw materials, components, intermediates, consumables, parts (other than spares) and packing materials from basic customs duty and additional duty when imported for manufacture of final goods to be supplied to agencies or projects listed in the Schedule, subject to import licence endorsements detailing description, quantity and value, execution of a bond securing licence obligations and duty, production of satisfactory evidence of use, exclusive utilisation for the scheduled supply, and specified transfer or reuse exceptions and availability under Open General Licence on producing the required import licence.

Exemption for glass fibre inputs reduces additional duty for manufacture of pollution-control goods, subject to certification and repayment on noncompliance.
Exemption removes additional customs duty in excess of a specified ad valorem rate on imported glass fibre sewing thread and glass fibre filter cloth under Heading 70.19 when imported for manufacture of goods intended for pollution control. The relief is subject to an importer's undertaking, production of a certification from a senior environmental officer within three months (or extended period) confirming the end-use, and payment on demand of the duty difference if conditions are not met.

Specified taxable secured redeemable bonds under section 80L require transferee notice to issuer within sixty days for tax benefit.
Central Government specifies taxable secured redeemable non convertible bonds issued by the National Power Transmission Corporation Limited as eligible under clause (ii) of sub section (1) of section 80L of the Income tax Act, 1961; the tax benefit on transfer by endorsement or delivery is admissible only if the transferee informs the Corporation by registered post within sixty days of the transfer.

Tax-exempt bonds specified under section 10(15)(iv)(h), issued by National Power Transmission Corporation, subject to holder registration requirement.
Specification of tax-free secured redeemable non-convertible bonds issued by the National Power Transmission Corporation Limited as eligible under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961; the exemption applies to holders of those bonds only if the holder registers his name and holding with the issuing Corporation.

Registration requirement: stock-brokers and sub-brokers must hold Board certificates and meet membership, fee and grievance conditions.
Stock-brokers and sub-brokers must hold a certificate of registration from the Board to buy, sell or deal in securities; applicants may act until their application is disposed. Certificates are conditional: stock-brokers must be exchange members, comply with exchange rules, obtain prior Board permission on changes in status, pay prescribed fees, and redress investor complaints within one month while informing the Board. Sub-brokers must pay prescribed fees, address investor grievances within one month, obtain Board permission for status changes, and hold written authorisation from a member stock-broker.

Tax exemption for a notified charitable institution subject to exclusive application of income and investment restrictions.
Notification registers the Catholic Bishops' Conference of India as a notified institution under section 10(23C)(v) for specified assessment years, conditional on applying or accumulating income wholly and exclusively to its objects; restricting investments or deposits (except certain voluntary contributions) to modes permitted by section 11(5); and excluding business income from the notification unless the business is incidental to the objectives and separate books of account are maintained.

Tax exemption notification: extends notified status to a charitable society subject to exclusive income application and investment limits.
Notification grants tax-exempt recognition to the Royal Commonwealth Society for the Blind, Bombay for specified assessment years, conditional on applying or accumulating income exclusively for its objects; restricting investments to modes specified in subsection (5) of section 11 (except certain voluntary contributions in kind); and excluding business income unless incidental to objectives with separate books maintained.

Charitable exemption recognition conditioned on exclusive application of income and restricted statutory investment modes.
Recognition under the charitable exemption is subject to conditions: income must be applied or accumulated wholly and exclusively to the society's objects; funds (other than certain voluntary contributions) may be invested only in statutory modes; and the notification excludes business income unless incidental to objectives and maintained in separate books.