Rebate of duty on ship stores: conditions for export, proof of duty payment and procedural compliance required.
Rebate of duty is authorised on excisable goods exported as ship stores for consumption aboard vessels bound for foreign ports, subject to specified conditions: reasonable quantities as determined by the Collector of Customs; export after duty payment directly from factory or warehouse unless permitted otherwise; export within two years of removal or a shorter prescribed period; duty payment and date established from Central Excise records to the satisfaction of the Collector of Central Excise; compliance with Chapter IX procedures; export within six months of clearance or permitted extension with claim and proof lodged before the section 11B limitation; a minimum rebate threshold; and export value not less than rebate claimed in the Collector's opinion.

Rebate of duty on castor and groundnut oil granted without duty documents, subject to specified export and compliance conditions.
Rebate of duty on castor oil and groundnut oil may be granted without production of duty paying documents or Form A.R.4 where goods meet the Vegetable Oil Grading and Marking Rules; exports by land and inland water are limited to Pakistan or Burma; exports occur within two years of duty payment; customs must sample consignments for chemical testing; payment and date of duty must be established by duty paying documents for similar goods; minimum rebate and market value conditions apply; exporters must produce endorsed shipping documents and undertake six month refund liability; rebate is paid in cash by authorised officers under prescribed procedures.

Rebate of duty for exported excisable goods clarified, with bonded export permissions and tightened sealing, inspection, and claim procedures.
Amendments authorise rebates on duty paid on excisable goods and materials for exported goods subject to notified conditions and safeguards, permit export in bond without payment of duty under bond and security for specified goods and materials (including to Nepal and Bhutan), and prescribe package numbering, sealing, examination procedures, documentary copy distribution and the mechanism for lodging and verifying rebate claims; definitions of "manufacture" and "materials" and exclusions for drawback or prohibited exports are specified.

Rebate on materials used in manufacture of exported goods permits full duty rebate subject to prescribed procedural conditions.
Rebate of excise duty on materials used in manufacture of exported goods (except exports to Nepal and Bhutan) is available to the extent specified, subject to a pre-manufacture declaration to the Collector detailing finished goods, duty, manufacturing formula and input quantities; Collector verification by sample or inspection; duty-paid procurement from the registered factory or original-packed open-market purchase with duty evidence; permitted removal for processing or intermediate manufacture in bond without duty provided waste is returned; Chapter X procurement procedures apply but may be waived in writing by the Collector if not essential for revenue protection.

Excise duty exemption for goods manufactured by Nuclear Fuel Complex removes levy under tariff schedule; later rescinded.
The Central Government, invoking its power under sub section (1) of section 5A of the Central Excises & Salt Act, 1944, exempts all goods and materials falling under the Schedule to the Central Excise Tariff Act, 1985 manufactured by M/s Nuclear Fuel Complex, Hyderabad from the whole of the excise duty leviable under that Schedule; the exemption was later rescinded by a subsequent notification.

Tax exemption notification recognising a charitable institution subject to strict income application, investment and business-incidence conditions.
Notification recognises Sri Sri Jagadguru Sankaracharya Mahasansthanam, Dakshinamnaya, Sri Sharada Peetham, Sringeri for the exemption category for the specified assessment years, subject to conditions: income must be applied or accumulated solely for its objects; funds may not be invested except in authorised forms (excluding voluntary contributions kept as jewellery, furniture etc.); and income from business is excluded unless business is incidental to objectives with separate books maintained.

Tax exemption notification: trust must apply income exclusively, restrict investments to authorised modes, and keep separate books for incidental business.
Notifies Sri Siddhi Vinayak Ganapati Temple Trust, Bombay of a tax exemption under sub-clause (v) of clause (23C) of section 10 for specified assessment years, subject to conditions: income must be applied or accumulated wholly and exclusively to the trust's objects; investments and deposits are restricted to authorised modes with an exception for voluntary contributions maintained as jewellery or furniture; business income is excluded from the exemption unless incidental to the objects and maintained in separate books of account.

Rule amendment increases prescribed filing fee under rule 4A, raising the statutory charge and taking effect November 1994.
Central Government amends the Companies (Central Government's) General Rules and Forms, 1956 by substituting the monetary figure in sub rule (1) of rule 4A, thereby changing the prescribed fee/figure used for the rule's application; the Third Amendment Rules, 1994 provide that the substitution takes effect from 1 November 1994.

Anti-dumping duty imposed on isobutyl benzene of Chinese origin after preliminary finding under customs tariff rules.
Imposition of an anti-dumping duty on isobutyl benzene of People's Republic of China origin is announced pursuant to preliminary findings by the designated authority that dumping exists, taken under the Customs Tariff Act and accompanying Rules; the measure applies on import and is quantified in the notification as an additional duty payable per metric tonne.

Customs port designation: Muldwarka authorized for unloading imported coal and loading clinker and cement for export.
The Central Government, exercising powers under clause (a) of section 7 of the Customs Act, 1962, appoints Muldwarka port in Gujarat as a Customs port specifically for unloading imported coal and for loading clinker and cement for export, and supersedes the earlier notification No. 6/94-Customs (N.T.).

Delegation of statutory powers: SEBI authorised to exercise specified powers under the Securities Contracts Act.
A Central Government notification under Section 29A directs that the powers exercisable by the Central Government under section 3; sub sections (1)-(4) of section 4; section 5; sub section (2) of section 7A; section 13; sub section (2) of section 18; section 22; and sub section (2) of section 28 of the Securities Contracts (Regulation) Act shall also be exercisable by the Securities and Exchange Board of India.

Modvat credit extended to wool and woollen goods by amending excise rules to remove specified tariff headings.
The Central Excise (Tenth Amendment) Rules, 1994 amend Chapter V of the Central Excise Rules, 1944 by omitting the figures "51.01, 51.02, 51.06 and 51.07" in item (ii) of the annexure below Rule 57Q, thereby extending Modvat credit of duty paid on capital goods to goods classified under those wool and woollen tariff headings, effective on publication in the Official Gazette.

Delegation of regulatory powers to SEBI expands its authority to exercise specified stock exchange supervisory functions and investor protection duties.
The Central Government, under section 29A of the Securities Contracts (Regulation) Act, 1956, delegates concurrently to SEBI the authority to exercise powers under section 3; section 4(1)-(4); section 5; section 7A(2); section 13; section 18(2); section 22; and section 28(2) of the Act, enabling SEBI to undertake recognition, deregistration, rule making on voting rights, area notifications, spot delivery regulation, hearing listing appeals, and notifications excluding classes of contracts.

Export duty rebate on excisable goods permitted subject to procedural compliance, time limits, market price validation and refund obligations.
Rebate of duty on exportation of excisable goods (except mineral oils and ship stores) is permitted where goods are exported after duty payment from a factory or warehouse, in compliance with Chapter IX procedures, within the prescribed time limit or allowed extension, and where claim and proof of export are lodged with the appropriate Collector; rebate is subject to market price validation, a minimum admissible amount, refund obligation for erroneous payments, and exclusions for prohibited goods.

Customs exemption amendment adds 'melting in a hot blast cupola' alongside induction furnace for iron and steel scrap.
The Central Government amends Notification No. 83/90-Customs to add the words "or melting in a hot blast cupola" after the words "induction furnace", thereby including melting in a hot blast cupola within the exemption treatment for iron and steel melting scrap.

Tax exemption recognition under section 10(23C)(v) notifies an association as eligible for statutory tax relief.
The Central Government notifies Kanchipuram Gandhi Road Cloth Merchants Chatra Dharma Paripalana Mahamai Sangam, Kanchipuram-I, under section 10(23C)(v) of the Income-tax Act, recognising the association for the sub-clause's tax-exemption mechanism and specifying that recognition applies for the stated assessment years, thereby placing the body within the Act's exemption framework.

Tax Exemption Notification: charitable association recognized subject to exclusive income application and specified investment and business conditions.
Notification recognizes the association for exemption under sub-clause (v) of clause (23C) of section 10 for assessment years 1990-91 and 1991-92, subject to conditions: exclusive application or accumulation of income for its objects; investment or deposit restrictions during the relevant previous years except in modes specified in section 11(5) and excluding certain voluntary contributions; and exclusion of business income unless incidental and maintained in separate books.

Tax exemption for charitable institution restricts permitted investments and excludes non-incidental business income absent separate accounts.
Notification grants tax-exempt charitable status to Hindu Satkar Samity, Calcutta for specified assessment years, conditioned on (i) application or accumulation of income wholly and exclusively to its objects; (ii) investment or deposit of funds only in the forms or modes permitted by law, except voluntary contributions maintained as assets like jewellery or furniture; and (iii) non-application to business income unless the business is incidental and is maintained in separate books of account.

Charitable exemption under section 10(23C)(v) subject to exclusive income application, permitted investment modes and separate books for business income.
Notifies a charitable society as eligible under the charitable-exemption provision for specified assessment years, conditioned on applying or accumulating income wholly and exclusively to its objects; restricting investments or deposits to modes permitted by law (excluding certain voluntary contributions kept as jewellery or furniture); and excluding business profits unless the business is incidental to the objectives and is maintained in separate books of account.

Double taxation avoidance: allocates taxing rights between India and France and prescribes relief via tax credits and limited source withholding.
Convention allocates taxing rights between India and France to avoid double taxation and prevent fiscal evasion, applying to residents and specified taxes, with definitions for residence and permanent establishment. It prescribes taxation rules for business profits (arm's length attribution to permanent establishments), immovable and movable property, dividends, interest, royalties, technical service fees, and capital gains; caps source withholding on certain passive and service payments, provides specified exemptions, and requires elimination of double taxation by deduction (India) or tax credit/exemption (France). Procedural safeguards include a mutual agreement procedure and exchange of information rules.