Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
RPA (Remote Pilot Aircraft) for military use defined to include drones/UAV/UAS; exemptions limited to specified defence imports with Joint Secretary c...
Transfer of going concern and transfer of input tax credit under GST allowed; exemption applies though interstate ledger transfers left to authorities...
Prescribes specific monthly central excise duty rates on chewing tobacco (including filter khaini), jarda scented tobacco, and gutkha manufactured with the aid of packing machines and cleared in pouches, determined by the pouch retail sale price and the packing machine's speed (pouches per minute), with slab-wise rates for speeds up to 1500 pouches per minute and a formula-based rate for speeds of 1501 and above using variables S (machine speed) and R (retail sale price). Defines "packing machine" broadly to include FFS and other pouch-packing machines and deems each track/line of a multi-track machine to be a separate machine, and deems the highest declared retail sale price (inclusive of taxes and charges) to apply where multiple prices are printed. Machine count is to be determined under the 2026 Capacity Determination Rules, and the rates apply from 1 February 2026.
Prescribes specific monthly central excise duty rates on chewing tobacco (including filter khaini), jarda scented tobacco, and gutkha manufactured with the aid of packing machines and cleared in pouches, determined by the pouch retail sale price and the packing machine's speed (pouches per minute), with slab-wise rates for speeds up to 1500 pouches per minute and a formula-based rate for speeds of 1501 and above using variables S (machine speed) and R (retail sale price). Defines "packing machine" broadly to include FFS and other pouch-packing machines and deems each track/line of a multi-track machine to be a separate machine, and deems the highest declared retail sale price (inclusive of taxes and charges) to apply where multiple prices are printed. Machine count is to be determined under the 2026 Capacity Determination Rules, and the rates apply from 1 February 2026.
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