Customs amendment expands notified goods to include parts of wrist watches and finished watches and clocks.
The notification table entry for Jaipur is amended to remove a trailing conjunction in an existing sub-item and to insert two new sub-items: one adding parts of wrist watches and clocks to item (a), and another adding finished watches and clocks to item (b), thereby revising the descriptive scope of goods covered under the original customs notification.

Retention of duty-paid goods permitted in factory subject to Collector's conditions, documentation, time limits and non-manufacture removal.
The substituted rule 173H prohibits retention or bringing into a factory or warehouse of duty-paid excisable goods except under specified exceptions: use in manufacture; for construction, repairs or fittings; for re-making, refining or repair; when transport is prevented by circumstances beyond control; or for testing or study. Such goods should be accompanied by duty-paying documents unless identity is shown by collateral evidence and the Collector permits relaxation. Goods returned for repair/reconditioning must be brought back within one year of removal or within the warranty period, subject to Collector's extension. Non-manufactured goods admitted under these permissions may be removed without duty under Collector-specified conditions.

Exemption from company accounts clause for government industry promotion companies, with disclosure required for specified income items.
The Central Government directs that clause (b) of sub section (3) of section 209 of the Companies Act, 1956 shall not apply to government companies promoting and developing industries in relation to interest on seed money or bridge loans, interest on instalments for industrial plots or sheds, and claims for special handloom sale rebates, provided any such accrued income not accounted for is disclosed by note in the company's annual accounts.

Disclosure exemption: central government exempts a government company from board-report disclosure obligations under companies law.
Central Government directed under section 620(1) that clause (e) of section 217(1), read with the Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, shall not apply to Hindustan Aeronautics Limited, Bangalore, as it is a Government company, and the draft notification was laid before both Houses of Parliament.

Exchange rate determination for Russian rouble under Customs Act establishes specified conversion rate into Indian currency effective early September.
The Central Government prescribed a statutory conversion rate for one Russian rouble into Indian currency, effective from 7 September 1990, superseding the prior notification of 10 August 1990; the rate is to be applied for customs valuation and related non-tariff purposes under the Customs Act.

Housing Finance Companies authorised to accept pledging of National Savings Certificates VIII Issue after National Housing Bank approval.
The Ministry of Finance notifies that nine housing finance companies, approved by the National Housing Bank, are authorised to accept pledging of National Savings Certificates VIII Issue, thereby linking the power to receive pledged NSC instruments to prior approval by the National Housing Bank.

Exchange rate amendment updates specified foreign currency rates in customs schedule, altering tariff valuation and import calculations.
Amendment under sub section (2) of section 20 of the Indian Stamp Act, 1899 and sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962 substitutes the entries at serial Nos. 11 and 15 in the Schedule to Notification No. 38/90 NT Cus., replacing those entries with revised exchange rates for Japanese Yen and Swedish Kroner, effective from the stated implementation date.

Duty-free movement of intermediate goods permitted to exporters subject to licence, bond, registration, account and export conditions.
Movement of intermediate excisable goods without payment of duty is permitted to ultimate exporters subject to Advance Intermediate Licence or application, supply against an Advance Release Order not exceeding the Duty Exemption Entitlement Certificate, registration and bonding with the Assistant Collector, compliance with movement, sampling, accounting and export reporting requirements, and prescribed handling of waste or by-products; non-compliance permits duty recovery from security or bond enforcement.

Appointment of Collector of Customs centralizes adjudication for specified cases across multiple jurisdictions.
Appointment of the Collector of Customs, Bombay as concurrent Collector of Customs for Delhi and Calcutta under section 4(1) of the Customs Act, 1962 to centralize adjudication of cases relating to M/s. Super Cassettes Industries Ltd. and their sister concerns, superseding Notification No. 27/90 Customs (N.T.).

Customs tariff amendment increases duties on glycerol and other goods under Chapter 15 through substituted notification entries.
Amendment to Notification No. 31/89 Cus substitutes entries for Sl. Nos. 51 and 52, altering basic ad valorem duties for goods under the specified tariff headings: glycerol (glycerine), whether or not pure, is set apart with a higher ad valorem basic duty, and other goods under those headings are assigned a lower ad valorem basic duty. The Central Government effected the change by exercising statutory powers to amend the exemption notification.

Customs exemption insertion: addition of Bleomycin hydrochloride to tariff notification alters exempted bulk drug list.
The Central Government amends Notification No. 45/79-Cus by inserting a new Sl. No. 40 in the Table annexed to that notification, adding Bleomycin hydrochloride as an entry, thereby modifying the list of exempted or specially treated bulk drugs under the customs tariff framework pursuant to its statutory customs powers and in the public interest.

Exemption for broken tiles: duty relief applies where tiles are certified as scrap and unusable as tiles.
Central Government exempts broken tiles falling within Chapter 69 from the whole of the excise duty leviable under the Schedule, subject to a proviso that an officer not below the rank of an Assistant Collector of Central Excise is satisfied that such broken tiles are in the nature of scrap and not capable of being used as tiles.

Excise exemption for portion prints of feature films removes the excise duty payable under the relevant tariff schedule in public interest.
The Central Government, being satisfied that it is necessary in the public interest, exempts portion prints of feature films falling within Chapter 37 of the Central Excise Tariff from the whole of the duty of excise leviable thereon as specified in the tariff schedule.

Validity restriction removal in a central excise notification by omission of the paragraph, using statutory amendment power.
Amendment removes the temporal validity constraint from an existing central excise notification by omitting paragraph 2 of Notification No. 207/87-Central Excises. The Central Government exercised its statutory power under section 5A(1) of the Central Excises and Salt Act, 1944, and stated the change was necessary in the public interest, resulting in the deletion of the provision that imposed the time limit.

Appointment of Inland Container Depot authorizes the Pakwara complex to be used for loading export goods under customs powers.
Appoints the Container Corporation of India Complex at Pakwara as an Inland Container Depot under clause (aa) of section 7 of the Customs Act, 1962, designating the specified complex near Moradabad for the loading of export goods or any class of such goods and thereby authorizing its use as a customs administrative facility for export loading operations.

Customs amendment removes paragraph from exemption notification, changing the regulatory treatment of burnt magnesite under tariff rules.
The Central Government, invoking statutory powers under the Customs Act, amends Notification No. 225/89-Customs (21 August 1989) by omitting paragraph 2 in respect of burnt magnesite; the amendment is issued as Notification No. 238/90-Cus dated 30 August 1990 and is stated to be in the public interest.

Customs zone definition amended to specify Kadapperi survey parcels and enclosure requirements for exemption notification
The amendment substitutes paragraph 4 to define the exempted customs zone by listing specific survey numbers in Kadapperi village, describing the zone's location relative to nearby ports and airports, and prescribing detailed boundary lines by bearings and distances together with required physical perimeter features: masonry brick compound wall of varying heights supplemented by 'Y' angle barbed wire fencing and temporary fencing, with the composite perimeter lengths specified to constitute the zone's total circumference.

Exchange rate amendment: Norwegian kroner customs rate revised and the new official rate takes effect imminently.
The notification, issued under provisions of the Indian Stamp Act and the Customs Act, substitutes the Schedule entry for serial No. 13 in Notification No. 38/90-NT-Cus., revising the customs exchange rate for the Norwegian kroner and declaring the revised rate effective from 30-8-1990; it formally amends the earlier notification of 27 June 1990 to govern customs valuation reliant on the Schedule exchange rate.

Exchange rate amendment updates statutory customs exchange rates for specified currencies, altering conversion values effective late August.
Amendment to Notification No. 38/90-NT-Cus substitutes Schedule entries for serial numbers 1, 3, 5, 6, 7, 8, 10 and 16, fixing revised exchange rates for Austrian Schillings (62.85), Belgian Francs (184.00), Danish Kroners (34.45), Deutsche Marks (8.9675), Dutch Guilders (10.1050), French Francs (30.16), Italian Lire (6649) and Swiss Francs (7.3925); the substitution is made under provisions of the Indian Stamp Act and the Customs Act and is effective from 26-8-90.

Auxiliary duty amendment: inserts an additional notification reference into the customs tariff schedule under statutory power.
Amendment adds an insertion to the Schedule to Notification No. 180/90-Customs by inserting a new serial entry identifying Notification No. 235/90-Customs, updating the list of miscellaneous exemption notifications under the customs tariff framework pursuant to statutory authority and public interest.