The Competition Commission of India (CCI) has approved the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The Proposed Combination comprises acquisition of certain equity shareholding in Continuum Green Energy Limited (Target) by Chubu Electric Power Company Netherlands B.V. (Acquirer) by way of both primary subscription and secondary purchase of the equity shares from Continuum Green Energy Holdings Ltd., Singapor... ... ...

The Competition Commission of India (CCI) has approved an acquisition of a majority of the shares and voting rights in Everllence SE by funds managed and/or advised by Bain Capital Investors, LLC. The proposed combination involves the indirect acquisition of a majority of the shares and voting rights in Everllence SE (Everllence/Target) and a number of its direct and indirect subsidiaries by funds managed and/or advised by Bain Capital Investors, LLC (Bain Capital) from Volkswagen Aktiengesel... ... ...

The Competition Commission of India (CCI) has approved acquisition of 100% shareholding of FMC India Private Limited by Crystal Crop Protection Limited. The proposed combination relates to the acquisition of 100% shareholding of FMC India Private Limited (FMC India) on a fully diluted basis by Crystal Crop Protection Limited (Crystal Crop) from FMC Netherlands Holdings II B.V. and its affiliates (Proposed Combination). Crystal Crop is a public limited company incorporated in India in 1994.... ... ...

GOVERNMENT OF TAMIL NADU COMMERCIAL TAXES DEPARTMENT OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES EZHTLAGAM, CHENNAT - 600 005 PRESENT: Thiru M.A. SIDDIQUE I.A.S, PRINCIPAL SECRETARY / COMMISSIONER OF STATE TAX Circular No 10/2020-TNGST (PP6/35622/2019) dated: 20.06.2020 Sub: -Regarding Ref: Circular No 139/0912020-GST, dated 10.06.2020 issued by the Department of Revenue, Ministry of Finance Government of India New Delhi *********** Various representations... ... ...

Shri Piyush Goyal Interacts with U.S. Manufacturing and Technology Leaders at NAM Roundtable Union Minister of Commerce and Industry Shri Piyush Goyal arrived in Milwaukee, United States of America, to attend the G20 Trade Ministers' Meeting. He was received by, Consul General, Consulate General of India, Chicago, Dr. M. Anand Prakash, upon his arrival. Shri Piyush Goyal interacted with CEOs and senior executives of prominent U.S. manufacturing and technology companies of the United States... ... ...

The Monthly Accounts of the Union Government of India upto the month of August, 2026 has been consolidated and reports published. The highlights are given below: - The Government of India has received Rs.13,67,709 crore (37.5% of corresponding BE 2026-27 of Total Receipts) upto August, 2026 comprising Rs.8,37,921 crore Tax Revenue (Net to Centre), Rs.4,54,549 crore of Non-Tax Revenue and Rs.75,239 crore of Non-Debt Capital Receipts. Rs.5,90,391 crore has been transferred to State Governments ... ... ...

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 133/2026 New Delhi, the 30th September, 2026 (INCOME TAX) S.O. 5368(E).- In exercise of the powers conferred by section 238 of the Income-tax Act, 2025, the Central Board of Direct Taxes hereby makes the following further amendments to the Notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, vide number S.O. 359, dated the 3... ... ...

GOVERNMENT OF TAMIL NADU COMMERCIAL TAXES DEPARTMENT OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES EZHILAGAM, CHENNAI - 600 005 PRESENT: DR. T.V. SOMANATHAN, I.A.S., ADDITIONAL CHIEF SECRETARY / COMMISSIONER OF STATE TAX Circular No.100/2019-TNGST (PP6/35622/2019) dated: 20.12.2019 Sub: -reg. Ref: Circular No 126/45/2019-GST, dated 22.11.2019 issued by the Department of Revenue, Ministry of Finance, Government of India, New Delhi. ***** Doubts have been raise... ... ...

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 37/2026-27 Dated: 30th September 2026 Subject: - reg. S.O. (E): In exercise of powers conferred under Sections 3 and 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with paras 1.02 and 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, the Central Government hereby amends Notifica... ... ...

SHRI RAJPAL YADAV, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER For the Assessee : Smt. Ashaben Vyas, AD For the Revenue : Shri Praveen Verma, Sr. DR ORDER PER RAJPAL YADAV, JUDICIAL MEMBER : Present two appeals are directed at the instance of the assessee against separate orders of the ld. CIT(A)-3, Rajkot dated 3.7.2017 passed for the Assessment Years 2009-10 and 2010-11. 2. Grounds of appeal taken by the assessee are argumentative in nature. In brief, its grievan... ... ...

GST exemption for loading, unloading, packing, storage and warehousing applies only to agricultural produce meeting the prescribed cultivation, rearing and limited-processing criteria. Processed tea, coffee, jaggery, de-husked or split pulses, spices, dry fruits and cashew nuts are excluded, while whole pulse grains remain covered. Inter-State transfers of aircraft engines, parts and accessories between distinct persons are taxable even without consideration, with available GST credit usable for that liability. Specified government-funded or State-provided general insurance services to individuals are exempt.

Where a motor-vehicle insurance contract settles a total-loss claim after deducting agreed salvage or wreck value, ownership of the salvage remains with the insured. The deduction is a contractual deductible and is not consideration for a supply by the insurer; therefore, no GST liability arises for the insurer on that salvage value. Where the claim is settled for the full Insured's Declared Value without a salvage deduction, ownership passes to the insurer, and its subsequent disposal or sale of the salvage is an outward supply liable to GST.

Premium amounts allocated to investment or savings under life-insurance policies may be excluded from taxable value under Rule 32(4), but this valuation treatment does not create an exempt or non-taxable supply. Life-insurance services remain taxable, and the excluded premium portion is neither nil-rated nor wholly exempt. Accordingly, input tax credit reversal provisions applicable to exempt supplies do not require reversal of credit for the premium amount excluded from taxable value.

Statutory appellate remedy under Section 51 ordinarily requires VAT assessment challenges to proceed through appeal rather than Article 226 writ jurisdiction. Judicial review is confined to the legality of the decision-making process and ordinarily does not determine disputed facts or reappraise assessment material. Claims that an assessment overlooked grounds, clarifications, or precedents fall for examination by the appellate authority. Writ intervention is limited to exceptional circumstances involving urgent or irreparable prejudice.

Penalty for concealment or furnishing inaccurate particulars is not attracted merely because alleged bogus purchases are disallowed on an estimated basis. Where purchase vouchers and bank payments support the transactions, sales remain undisputed, and disclosed gross profit exceeds the estimated disallowance rate, non-production of suppliers does not by itself establish concealment or inaccurate particulars. In the absence of contumacious conduct, an estimated purchase disallowance does not justify penalty under Section 271(1)(c).

Roving squad officers must not levy penalty where the offence amount is below Rs. 5,000, or where tax-rate, classification, place-of-supply, or valuation disputes are referred for assessment without detention. Newly registered taxpayers who have failed to file returns for two or more tax periods may be subject to vehicle detention. Specified e-way bill errors, including limited name, PIN-code, document-number, HSN, and vehicle-number inaccuracies, do not require detention proceedings if other particulars are correct, but attract prescribed penalties through Form GST DRC-07.

Registered persons unable to submit FORM GST TRAN-1 by the prescribed deadline because of technical difficulties on the common portal may file until 31 March 2019 only where their cases are recommended by the Council. The extension is exercised under rule 117(1A) read with section 168 and supersedes the prior measure while preserving earlier acts and omissions.

Order XLI confines remand under Rule 23 to reversal of a decree disposing of a suit on a preliminary point. Rule 23-A permits remand in other matters only after reversal and where retrial is necessary. Where trial findings rest on the existing evidence, an appellate court must address them and give cogent reasons before reversal; inability to decide from the record alone does not establish necessity for retrial. Rule 27(1)(b) cannot admit additional evidence absent a party's request and identified necessity or substantial cause. A sufficient record requires appellate determination under Rule 24, not remand to cure evidentiary deficiencies.

DEPB scrips may be used to pay Clean Energy Cess levied as additional duty of customs under the Customs Tariff Act. The restriction in the third proviso to Rule 3(4) of the CENVAT Credit Rules applies only to utilisation of CENVAT credit and does not restrict payment through DEPB scrips. Clean Energy Cess levied under the additional-duty mechanism retains the character of customs duty, while the governing DEPB notification contains no express prohibition on such use. Consequently, a demand denying DEPB utilisation for this cess is unsustainable.

Under section 44 of the Tamil Nadu Goods and Services Tax Act and rule 80 of the Tamil Nadu Goods and Services Tax Rules, the Commissioner of State Tax replaces 28 February 2021 with 31 March 2021 as the prescribed annual-return compliance date. The revised timeline is deemed to have come into force on 28 February 2021.