Approval under Section 80G(5) requires an assessment of a trust's objects as a whole where predominantly charitable purposes coexist with some religious objects. Rejection based solely on selected religious clauses is inadequate without a factual examination of actual religious expenditure and whether it exceeds 5% of total income. Assessment must therefore address both the overall object profile and the statutory expenditure limit.

NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.

Time for applying for revocation of cancellation of GST registration is extended to 30th September 2021 where cancellation occurred under clauses (b) or (c) of Section 29(2) and the original due date fell between 1st March 2020 and 31st August 2021. The extension applies to unfiled, pending, rejected and appellate-stage revocation matters. Fresh applications may be filed after rejection where no appeal was filed or an appeal was decided against the taxpayer. Further statutory extensions after 30th September 2021 depend on the elapsed revocation period and satisfaction of the competent authority.

Differing chemical laboratory reports on seized goods may be addressed through fresh sampling and retesting. Fresh samples may be drawn from the seized goods upon application to the competent authority, with samples retained for both sides. Laboratories selected by each side may conduct retesting, with the petitioner bearing the cost. This process permits verification where the existing laboratory reports conflict.

Refund applications by unregistered persons under the Goa GST Act, 2017 follow, mutatis mutandis, the filing manner prescribed in the corresponding Central GST clarification. This adopts the Central GST framework for State implementation, promoting uniform procedural treatment of such refund claims. Difficulties in applying the clarification may be brought before the Commissioner of State Taxes.

Sufficient cause for condoning a 341-day delay in an income-tax appeal may arise from bona fide administrative complexity after an inter-state transfer of jurisdiction following a search. Reconciliation and transfer of judicial records, together with consequential hierarchical approvals, are relevant factors under Section 5 of the Limitation Act. Substantial revenue and proposed legal questions support a pragmatic limitation analysis focused on substantial justice rather than time-bar dismissal.

Finalisation of pending bills of entry was required after customs authorities remained inactive following the importer's limited request for time to submit documents in a Special Valuation Branch matter. The importer was to receive advance notice and a personal hearing, with written submissions permitted thereafter, before orders finalising the bills of entry. The arrangement addressed procedural completion only: all rights and contentions on customs valuation remained open, and no view was expressed on the merits.

Indexed cost of acquisition must reflect the total actual consideration paid to acquire the same property, rather than being confined to the amount recorded in the registered purchase deed. A taxpayer claiming a higher acquisition cost must establish that the additional payment was made towards that property through documentary evidence. A lower registered-deed value, including one reflecting understatement for stamp-duty purposes, does not by itself justify reducing the actual acquisition cost for income-tax computation. Once additional consideration is proved, it must be included in the indexed cost of acquisition.

Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.

Formal amendment of a cheque-dishonour complaint's cause title may cure a simple defect where it causes no prejudice and does not alter substantive allegations. For vicarious criminal liability under Section 141, the firm must be implicated as the primary offender and the complaint must specifically state each accused person's role and responsibility. Identification of the firm as cheque drawer, the authorised signatory as issuer, and the proprietor as involved in transactions may support issuance of process under Section 204. Role-based defences ordinarily require trial evidence unless sterling, incontrovertible material negates the allegations.

GST clarifications concerning the applicability of tax to certain services apply mutatis mutandis for implementation under the Goa Goods and Services Tax Act, 2017. The adoption gives corresponding effect to the central clarification framework within the State GST regime and requires its consistent application for uniform implementation. Implementation difficulties may be brought before the Commissioner of State Taxes.

An Ex-Works supply is treated as involving transfer of property and transit risk to the buyer when goods are handed over at the supplier's factory gate. The buyer remains liable for transit loss or damage, while insurance proceeds received by the supplier are fully returned to the buyer. The arrangement is treated as deemed receipt of goods for input tax credit purposes and as a standard EXW contract.

GST applicability on certain services is addressed in Goa through mutatis mutandis adoption of central GST clarifications issued under the Central Goods and Services Tax Act, 2017. The clarifications apply for implementation under the Goa GST Act, 2017, to maintain administrative uniformity in GST application. Adoption is clarificatory and requires applying the central position within the Goa GST framework with appropriate adaptation.

Electronic trading platforms in an IFSC require registration unless an express exemption applies. Registration depends on financial soundness, governance, risk controls, business viability, net worth and continuing fit and proper status. Operators must maintain fair trading rules, participant due diligence, surveillance, market-abuse controls, resilient systems, algorithmic-trading safeguards, approved clearing and settlement arrangements, business continuity, cyber resilience and a compliance officer. They must preserve secure platform data, submit required returns and audited financial statements, and cooperate with supervisory inspection, inquiry, investigation and audit.

Electrically operated vehicles remain classifiable under HSN 8703 and subject to 5% GST even where a battery is not fitted at supply. Fresh mangoes are exempt, sliced and dried mangoes receive 5%, and other dried mango forms, including mango pulp, attract 12%. Treated sewage water is exempt, while Nicotine Polacrilex gum intended to assist tobacco-use cessation falls under tariff item 2404 91 00 and attracts 18%. Fly ash-content condition applies only to fly ash aggregates; pulse-milling by-products used as cattle-feed ingredients fall under heading 2302 at 5%.

Customs show-cause notice challenging export-related proceedings was not pursued after the respondents agreed to consider the alternative request for adjudication by the competent customs authority. The petition had also sought cancellation and return of bonds and bank guarantees furnished for provisional release of goods, together with a stay of further proceedings. The petitioners then chose not to press the challenge at that stage, and the petition was disposed of.

Wage ceiling for the purposes of Chapter III of the Code on Social Security, 2020 is fixed at Rs. 25,000 per month, effective upon publication in the Official Gazette. This replaces the earlier wage-ceiling determination, without affecting acts done or omissions made before its supersession. The prescribed threshold governs the application of Chapter III under the Code from the effective date thereafter.

Charitable exemption under Sections 11 and 12 remains available except to the extent of the benefit conferred on a specified person where trust resources, such as unpaid security-guard services, are used without adequate consideration under Section 13(2)(d); taxation is limited to the value of that benefit. For valuation references made before 1 October 2014, rejection of books of account was necessary before a valid reference could be made under Section 142A. Section 142A(2), permitting a reference irrespective of the accounts' correctness or completeness, applies only from that date. A construction-cost addition based solely on a valuation report from an invalid reference lacks support without independent corroborative material.

Statutory GST dues of taxpayers whose insolvency proceedings have been finalised are to be treated under the Goa GST Act in accordance with the corresponding central GST clarification, applied mutatis mutandis. The guidance is clarificatory and seeks uniform treatment, with implementation difficulties referable to the Commissioner of State Taxes.

GST applies to payments for refraining, tolerating or doing an act only where an express or implied agreement creates a specific obligation and consideration is paid for an independent supply. Liquidated damages, statutory penalties, cheque-dishonour fines, employment-bond recoveries and compensation for breach are not taxable where they merely compensate loss, deter default or penalise violations without any reciprocal supply. Conversely, late-payment fees, early-termination charges and cancellation amounts may be ancillary consideration naturally bundled with the principal supply and are assessed according to that supply.