Consent reference of contractual disputes to a sole arbitrator resulted in pending court proceedings being remitted for treatment as an application for interim measures under Section 17. The existing status quo arrangement continued temporarily, subject to the arbitral tribunal's power to extend, vary, or modify interlocutory arrangements. Interim and merits-related issues were to be pursued before the tribunal, with all merits left open.

Appellate remand - interpretation of title deeds - Propriety of remanding a title suit for fresh identification of land despite the title deeds disclosing identical extent and boundaries and the settlement deed clarifying the survey-number discrepancy HELD THAT: - The sale deed, conveyance deed and settlement deed disclosed the same extent and boundary descriptions, while the settlement deed clarified the inconsistent survey number. The first appeal could therefore be decided by interpreting ... ... ...

Enforcement Directorate's action against additional persons in a money-laundering trial - HELD THAT:- The writ petition was disposed of with liberty to the petitioner to approach the High Court if the Enforcement Directorate or other authority acted contrary to the principles explained in Vijay Madanlal Choudhary & Ors. v. Union of India & Ors. [2022 (7) TMI 1316 - SUPREME COURT (LB)]... ... ...

Statutory pre-deposit for customs appeal - Dismissal of the customs appeal for alleged non-fulfilment of the statutory pre-deposit requirement HELD THAT: - The record established that the appellant had deposited 10% of the disputed demand, which satisfied the applicable pre-deposit requirement. The appellate authority had dismissed the appeal solely on the ground of non-compliance, without examining its merits. [Paras 3, 4] The dismissal was set aside and the matter was remanded for dispos... ... ...

Re-export of seized imported goods - Security pending customs adjudication - Permission for re-export of seized textile fabric pending adjudication HELD THAT: - The Court declined to examine the alleged misclassification. Since the goods had remained in custody for over a year, samples had already been drawn, and the respondents had no serious objection to re-export, continued seizure was held to serve no useful purpose. Re-export was directed on the accepted condition of security pending adj... ... ...

Comparable uncontrolled price method for inter-unit transfers of tea leaves - Section 80-IE deduction for phased substantial expansion of tea estates TP Adjustment - Selective application of the comparable uncontrolled price method for inter-unit tea-leaf transfers - Selective use of monthly average prices under the comparable uncontrolled price method for inter-unit transfers of tea leaves - HELD THAT: - The Tribunal upheld the finding that the annual average weighted price method had been c... ... ...

Cash sale consideration as specified sum u/s 269SS - Revision for failure to record satisfaction for penalty under section 271D Cash sale consideration as specified sum u/s 269SS - Characterisation of unaccounted cash received over the documented sale consideration of immovable property, though assessed as income, as a specified sum under section 269SS - HELD THAT: - Section 269SS separately covers a "specified sum", namely money receivable, whether as advance or otherwise, in relation to tra... ... ...

Limitation for final assessment in transfer-pricing cases - Interplay of sections 144C and 153 - COVID-19 extension of assessment limitation Validity of final assessment orders for Assessment Years 2017-2018 and 2018-2019 under the transfer-pricing and Dispute Resolution Panel procedure after expiry of the statutory limitation period - HELD THAT: - The outer limitation for completion of assessment under section 153 continues to govern an assessment involving the Dispute Resolution Panel proce... ... ...

Premature writ petition against show-cause notice - Statutory remedy against adjudication order Maintainability of a writ petition against a GST show-cause notice where the assessee's reply remained to be adjudicated - HELD THAT: - The Court held that no cause arose for direct recourse to writ jurisdiction until the State Tax Officer adjudicated the show-cause notice after considering the reply submitted by the petitioner. Any appealable order thereafter could be challenged through the st... ... ...

GST penalty for incomplete e-way bill Part-B - Curable procedural defect and intent to evade tax Levy of detention penalty for omission of the vehicle registration number in Part-B of the e-way bill, despite matching transaction documents and absence of intent to evade tax - HELD THAT: - Non-mention of the vehicle number in Part-B was a curable procedural defect. Where the invoice and other documents corresponded with the goods and conveyance, and no material established mala fide intent or a... ... ...

Mandatory personal hearing in GST adjudication - Incurable breach of natural justice at appellate stage Validity of GST adjudication concerning alleged wrongful availment of input tax credit where no personal hearing was afforded at the original adjudication stage - HELD THAT: - The requirement of personal hearing under Section 75(4) was mandatory. Denial of that hearing at the adjudication stage constituted a breach of statutory procedure and natural justice going to the root of the matter; ... ... ...

Minimum Import Price condition on imports of Sulfadiazine API classified under Chapter 29 of the ITC HS 2022, Schedule I Import Policy, is extended until 30 November 2026. Imports must continue to meet a Minimum Import Price of Rs. 1,774 per kg, calculated on the cost, insurance and freight value. All other terms and conditions governing the earlier requirement remain unchanged.

Manufacturer exporters of specified fabrics may claim refund of unutilised GST credit paid on inputs for fabrics manufactured and exported as zero-rated supplies. Restrictions on refund for specified goods under the inverted-duty route do not apply to zero-rated supplies, including exports and supplies to an SEZ developer or SEZ unit. Refund of input tax credit paid on capital goods is excluded, and eligibility remains subject to applicable refund conditions.

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan Notification No. 39/2026-27 New Delhi, Dated: 30 September 2026 Subject: - regarding. S.O. (E): In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby extends the... ... ...

GST on composite works contract services supplied to Government Entities is concessional only where original works are predominantly intended for non-commercial use. Works contracts meant for commerce, industry, business or profession remain outside the concessional entry, and the public-authority exclusion from business does not extend to Governmental Authorities or Government Entities. Ropeway construction for tourism development is treated as business-related, is not covered by entries for roads, bridges, terminals or railways, and is classified under Entry 3(xii) at 18% GST.

Appeals against orders communicated before 1 May 2026 and applications concerning orders passed before 1 February 2026 may be filed before the GST Appellate Tribunal up to 31 July 2026. Appeals relating to subsequently communicated orders remain subject to a three-month period from communication, while applications relating to subsequently passed orders remain subject to a six-month period from the passing of the order.

SEBI consolidates the regulatory framework for Debenture Trustees and related market participants by compiling existing requirements chapter-wise and superseding earlier circulars. The prior Master Circular is rescinded subject to savings and continuity provisions: prior actions, pending applications, accrued rights, obligations, liabilities, penalties, investigations, legal proceedings, and remedies remain unaffected and continue under corresponding provisions.

Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.

Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.

Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.