Additional duty on imported woven fabrics equals a portion of excise duty on inputs, set by specified fabric categories.
These Rules require that additional duty on specified imported woven fabrics be calculated by applying the Table rate to the aggregate of the fabric's customs valuation and customs duties, thereby equating the additional duty to a portion of excise duty on related inputs while excluding other additional duties under the Customs Tariff Act.

Additional duty on imported woven fabrics imposed under tariff authority and charged according to the Fabrics Additional Duty Rules.
Woven fabrics specified in the notification are directed to be liable to an additional duty on importation, to be determined in accordance with the Fabrics (Additional Duty) Rules, 1995, pursuant to powers conferred by the Customs Tariff statute and on grounds of public interest; a Schedule categorises the covered fabric types.

Customs amendment removes an expiry clause for Krishnapatnam port, altering the notification's operative term.
The Central Government amends Notification No. 62/94 (N.T.)-Customs by deleting the words and figures "upto 31st August, 1995" from column (4) of Serial No. 2, item (2) relating to Krishnapatnam, thereby removing the temporal limitation previously attached to that entry under the notification.

Excise exemption for cotton waste from free trade zones and export-oriented undertakings allows duty-free sale in India.
The Central Government exempts goods under heading 52.02 produced or manufactured in a free trade zone and brought to any other place in India, or produced by a hundred per cent export-oriented undertaking and allowed to be sold in India, from the whole of the excise duty leviable thereon; definitions of "free trade zone" and "hundred per cent export-oriented undertaking" are taken from the explanatory provision of the Central Excises and Salt Act, 1944.

Exchange rate determination for export goods sets revised foreign-currency conversion rates into Indian currency for customs.
The Central Government, under the Customs Act, 1962, supersedes a prior notification and fixes rate of exchange conversions for export goods by specifying operative conversion rates in Schedule I (rupee value per one unit of listed currencies) and Schedule II (rupee value per one hundred units of listed currencies); those rates apply from the commencement date set in the notification for customs valuation and export procedures.

Exchange rate determination for imports: prescribed conversion rates govern stamp duty and customs valuation from specified effective date.
Prescribes exchange rates for specified foreign currencies for conversion into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for the purposes of section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding Notification No. 41/95-NT-Customs, with the rates set out in Schedule I and Schedule II effective from 1st August 1995.

Exemption for employee welfare funds: permitted cash benefits include superannuation, illness, education costs, medical tests and death benefits.
Notification under clause 10(23AAA) authorises exempt funds for employee welfare to pay cash benefits to a member on superannuation, for illness of the member or his spouse or dependent children, to meet education costs of dependent children, to fund annual medical tests or checkups for the member, spouse and dependants, and to pay cash benefits to dependants on the member's death.

Exemption for life-saving medicaments updated to reference Drugs (Prices Control) Order 1995, amending prior notification.
The Explanation to Notification No. 30/88-Central Excises is amended by substituting the words "Drugs (Prices Control) Order, 1987" with "Drugs (Prices Control) Order, 1995", thereby updating the cross-reference that governs the exemption for specified life-saving medicaments under the notification.

Difference payable on Zero Coupon Bonds specified under section 193 proviso; applies when held by specified financial institutions.
The Central Government specifies the difference payable between the redemption value and the bid price of Zero Coupon Bonds for the purpose of the proviso to section 193, identifying that amount as the relevant sum arising on bonds issued under the Government's auction scheme. The specification applies when such bonds are held by prescribed institutional holders including banking companies, co-operative banks, public financial institutions, Discount and Finance House of India Ltd., and Securities Trading Corporation of India Ltd.

Land Customs Station designation: Panitanki (Naxalbari) declared as land customs station and road route to Nepal.
Central Government, under clauses (b) and (c) of section 7 of the Customs Act, 1962, amends Notification No. 63/94 (N.T.)-Customs by substituting the Table entry to designate "Panitanki (Naxalbari)" as a Land Customs Station and to declare the road connecting Panitanki in India with Kakarbhitta in Nepal as the recognized route for cross border movement.

Removal of moulds and dies to job-workers allowed duty-free with Commissioner permission and mandatory return conditions.
The amendment inserts a sub-rule allowing removal of moulds and dies to a job-worker without payment of duty, subject to the Commissioner's permission and any terms and conditions he imposes, for production according to the manufacturer's specifications. It requires return of the manufactured goods and the moulds and dies to the supplying manufacturer's factory within three months or such extended period as permitted by the Commissioner; failure to return within the period triggers payment of duty equivalent to the credit taken on those moulds and dies.

Cost Inflation Index specified under Explanation to income tax provision, establishing indexation values for capital gains computation.
The Central Government, under clause (v) of the Explanation to the income tax provision for capital gains, specifies the Cost Inflation Index for financial years 1981-82 to 1995-96 based on seventy five per cent of the average rise in the Consumer Price Index for urban non manual employees. The notification publishes a table of CII values, ranging from 100 (1981-82) to 281 (1995-96), to be used as indexation factors in computing indexed cost of acquisition for capital gains.

Tax-exempt bonds specified for Konkan Railway; tax-free status granted subject to holders registering with the corporation.
The Central Government specified certain Konkan Railway bonds as tax-free securities, designating a second series issued by Konkan Railway Corporation Limited and treating interest on those bonds as exempt; the exemption is admissible only if the holder registers his name and holdings with the Konkan Railway Corporation Limited.

Recognised stock exchange designation adds National Stock Exchange to government notification under the Companies Act, effecting formal recognition.
The Central Government amends an existing notification under clause (39) of section 2 of the Companies Act to add the National Stock Exchange of India Limited as a recognised stock exchange, inserting it as a new entry in the list of recognised exchanges so that the Exchange is treated as recognised for purposes where such status under the Companies Act is required.

Rebate of duty claims may be lodged with the factory Commissioner or the Maritime Commissioner for export removals.
The amendment inserts a definition of Maritime Commissioner in rule 2 to mean the Commissioner whose jurisdiction includes specified ports, airports or post offices of exportation, and substitutes rule 189(1) to require that claims for rebate of duty in the proper form be lodged with the Commissioner of Central Excise having jurisdiction over the factory of manufacture or the Maritime Commissioner under whose jurisdiction the port, airport or post office from which goods were exported is located.

Specified accounts under section 10(15)(v)(b) designated for Bhopal Hospital Trust, naming bank and sole trustee.
Central Government designates certain bank accounts as qualifying accounts for the purposes of section 10(15)(v)(b), effective from the first day of April, 1995. The notification specifies Account Nos. 807/787 and 57/078049 with the State Bank of India, Main Branch, Parliament Street, New Delhi, held in the name of Sir Ian Percival, Sole Trustee, Bhopal Hospital Trust, as the accounts so specified.

Notification amendment: substitution of an appointed member's name in a regulatory establishment notification under central government powers.
The Central Government amends the principal notification establishing the securities regulator by substituting, in the entry against serial No. 2, the letters and words previously recorded with the new name stated in the amendment; the change is effected by notification dated 12 July 1995 with the stated file reference, and the amendment is presented as a further modification of the original notification.

Duty reduction on complete ozone generators: customs tariff amended to impose a specified ad valorem duty on imports.
The Central Government, invoking its statutory power under the Customs Act, amended an earlier customs notification by inserting a new Table entry classifying complete ozone generators under tariff heading 8543.80 and prescribing a 25 per cent ad valorem duty, thereby altering the customs duty applicable to those imports.

Preferential duty rates under Bangkok Agreements set reduced customs duties for specified paper and Jamdani textile imports.
Amends a prior customs notification to prescribe preferential rates of duty for specified goods imported from Bangladesh, Korea and Sri Lanka under the Bangkok Agreements by substituting entries in the annexed tariff table to set ad valorem duties for defined paper and board headings and sub-headings, and by designating preferential treatment for newsprint and defined printing papers while granting nil duty for hand-woven Jamdani textiles falling under specified headings.

Adjudication procedure under SEBI rules establishes inquiry framework and penalty imposition by adjudicating officers for securities breaches.
Rules prescribe a statutory framework empowering an adjudicating officer to conduct inquiries and determine imposition of penalties under Chapter VI-A of the Securities and Exchange Board of India Act, 1992, pursuant to the enabling provision in sub section (2) of section 29, thereby establishing the procedural basis for administrative adjudication and sanctioning in the securities regulatory regime.