Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.

Tax treatment of VRS-labelled separation payments depends on their substantive character. Payments connected with Government-supported workforce restructuring may qualify as retrenchment compensation under section 10(10B), rather than as voluntary-retirement compensation under section 10(10C), where the special-protection requirements are satisfied. Leave encashment must be examined separately under section 10(10AA), according to employee status and the applicable conditions or notified limit. Settlement components should be segregated and supported by scheme documents, approvals, computations, and tax records.

The State GST rate schedule for specified handicraft goods is revised by substituting the complete tariff-based table under section 11(1). The table assigns a 2.5% rate to most listed handcrafted and handmade goods, including articles of wood, paper, natural fibres, textiles, stone, clay, glass, base metals, furniture, toys, paintings and sculptures. Silver filigree work and handmade imitation jewellery are separately assigned a 1.5% rate. The revised schedule applies from 22 September 2025.

SHRI R.P. TOLANI AND SHRI T.R. MEENA For the Assessee : Shri Ashwani Kumar For the Department: Shri D.C. Sharma ORDER PER R.P. TOLANI, JM This is a bunch of seven appeals which pertains to the assessee and Revenue against different orders of the ld. CIT(A), Alwar. For the sake of convenience and brevity, these appeals are being decided through a consolidated order. 2.1 First of all, we take up the set of cross appeals for the assessment year 1995-96 comprising of Revenue's ... ... ...

S.S. GARG, MEMBER, JUDICIAL For the Appellant : None. For the Respondent : Mrs. Kavitha Poduwal, Superintendent (A.R.). ORDER PER : S.S. GARG, MEMBER, JUDICIAL 1. Heard the learned DR. 2. After hearing the ld. DR and on perusal of record, we find that in this appeal, the appellant has failed to deposit mandatory pre-deposit as per Section 129E of the Customs Act which is required to be paid by him. Therefore, we dismiss the appeal for non-compliance of mandatory pre-deposit und... ... ...

The State Government, acting under section 11 of the Madhya Pradesh Goods and Services Tax Act, 2017 on Council recommendations, amends the Table at serial number 1. The entry in column (4) is substituted with "9%". The amendment retains the existing serial number and table location and comes into force on 22 September 2025.

Exemption under Section 11 remains available to a registered charitable trust where its return is filed within the extended period under Section 139(4) and Form 10B is furnished during appellate proceedings, even if the form follows processing under Section 143(1). The audit-report requirement under Section 12A(1)(b) permits condonation of delayed electronic filing in these circumstances. A balanced, equitable and judicious approach applies; strict compliance does not justify rejecting the exemption merely because Form 10B was not filed before return processing. The delayed filing is condoned, requiring the exemption claim to be allowed.

Intermediary services require at least three parties: two principals involved in a main supply and a third party making a separate ancillary supply by arranging or facilitating it. The role must be subsidiary and comparable to that of a broker or agent. A person supplying the main goods, services, or securities, wholly or partly, on its own account on a principal-to-principal basis is excluded. Subcontractors performing all or part of the substantive main service are not intermediaries, even where they interact with the principal supplier's customer.

Renewal of section 12AB registration for a charitable hospital depends on genuine activities in furtherance of medical relief, application of income and assets to charitable objects, and compliance with other laws only where material to those objects. Receipts, premium facilities, tariff differentials, sophisticated infrastructure and professional management do not alone negate charitable status. Other-law non-compliance requires attention to the specified-violation framework and competent regulatory determinations. Retrospective cancellation is distinct from refusing renewal and requires an independent statutory and factual foundation, with reasonable opportunity of hearing.

Employees' contributions to provident fund and ESI must be deposited within the due date prescribed under the relevant welfare laws to qualify for deduction under Section 36(1)(va). Payment before the income-tax return filing deadline does not cure a delayed statutory deposit, so the related disallowance remains sustainable. A claimed typographical error in the due date recorded in a tax audit report does not justify deleting the disallowance where the claimed error lacks documentary support.

Disallowance of expenditure relating to exempt income requires a proximate nexus with that income; use of Rule 8D further requires recorded, objective dissatisfaction with the taxpayer's accounts. Foreign agency commission does not attract withholding tax or related disallowance where it is not chargeable to tax in India. A UPS forming part of a computer system qualifies for depreciation at the rate applicable to computer equipment. Demurrage reimbursed to a foreign buyer for delayed loading is compensation connected with export purchases rather than income deemed to arise in India; where the special shipping-income regime applies, withholding provisions for contractual and foreign payments do not govern such demurrage.

GST liability for a works contractor is governed by statute, while reimbursement of incremental GST from an employer depends on the contract's allocation of tax risk. An inclusive-tax clause must be read with change-in-law, price-adjustment, tender and amendment terms. Contract-wise reconciliation of pre-transition and post-transition work may support a supplementary agreement and revised GST-inclusive value where contractual entitlement exists. It cannot alter statutory valuation, return, limitation, interest or penalty requirements, which remain governed by GST law.

Revocation of cancellation of GST registration may be sought within 30 days from service of the cancellation order. On sufficient cause and recorded reasons, the Additional Commissioner may extend the period for up to 30 further days, and the Commissioner may allow a further extension. Pending GSTN functionality, delayed applicants must request extension by letter or email through the proper officer, who forwards the matter to the competent authority. The authority may grant a personal hearing before rejecting the request, and the proper officer thereafter processes the revocation application under applicable law.

Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.

Late-presentation charges under Section 46(3) require the proper officer to be satisfied that no sufficient cause existed for delayed filing. Regulation 4(3) prescribes the late-charge framework and permits waiver where the reasons for delay are satisfactory. A delayed supplementary Bill of Entry for excess cargo is not automatically liable or automatically exempt; the assessment depends on timely original filing, linkage of the excess cargo to the same consignment, prompt amendment efforts, absence of importer fault, bona fides and duty compliance. Electronic calculation cannot substitute for a reasoned determination on sufficient cause.

BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.

Input Tax Credit reconciliation for FY 2017-18 and FY 2018-19 addresses differences between credit availed through Form GSTR-3B and credit detailed in Form GSTR-2A. The central clarification applies mutatis mutandis within the Goa GST regime as clarificatory guidance, establishing a common administrative basis for addressing these return-based credit discrepancies.

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.