Challenges to tax show-cause notices through writ jurisdiction under Article 226 are premature where no adjudicatory order has been passed after considering the taxpayer's reply. The competent tax officer must first examine the reply and issue an order in accordance with law. Where that order is appealable, the taxpayer must pursue the available statutory appellate remedy rather than seek writ intervention at the show-cause-notice stage. Accordingly, writ relief is not maintainable before completion of the statutory adjudication process.

Omission to state the vehicle registration number in Part-B of an e-way bill is treated as a curable technical breach where the invoice and accompanying documents correctly correspond to the goods and conveyance. Section 129 penalty requires consideration of the nature of the contravention and material showing an intention to evade tax. In the absence of mala fides, tax evasion, or discrepancies in transaction documents, the omission does not justify penalty under Section 129. A general penalty under Section 125, stated as Rs. 25,000, may instead apply.

Section 75(4) of the West Bengal Goods and Services Tax Act, 2017 requires a personal hearing before an adverse adjudication. Denial of that statutory hearing breaches principles of natural justice and invalidates the adjudication at its foundation. A hearing during appellate proceedings cannot cure the omission at the original stage, and the affected person need not establish separate prejudice. An adverse adjudication issued without the mandatory personal hearing is therefore legally unsustainable.

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.

Minimum Import Price condition for imports of ATS-8 under specified Chapter 29 ITC (HS) codes is extended until 30 November 2026. Imports must meet a minimum CIF value of USD 111 per kilogram. All other existing terms and conditions governing the MIP requirement for the covered ATS-8 imports continue without change during the extended period.

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.

Debenture Trustees must independently verify title, encumbrances, charge-holder consents, guarantees and adequacy of assets securing listed debt securities, whether directly or through independently engaged professionals. Due-diligence certificates, material security disclosures and execution of the debenture trust deed are required before listing, and charges must be registered or independently verifiable within the stipulated period. Depository-hosted systems require issuer recording and trustee validation of security, covenants, payment status and credit-rating information, with unique asset identification, alerts and audit trails.

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.

Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.

Refund of accumulated input tax credit is restricted to credit supported by invoices whose details have been uploaded by the supplier in FORM GSTR-1 and are reflected in the applicant's FORM GSTR-2A. This requirement modifies the earlier approach permitting refund claims on invoices absent from FORM GSTR-2A if invoice copies were uploaded. The restriction does not affect ITC relating to imports, Input Service Distributor invoices, or inward supplies liable to reverse charge; refund treatment for those categories continues on the prior basis.

India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.

Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.

Administrative subordination of Joint Commissioners of Income-tax (Appeals) and Additional Commissioners of Income-tax (Appeals) is revised. They are subordinate to the Principal Chief Commissioners of Income-tax or Chief Commissioners of Income-tax within whose jurisdiction they perform their functions. The amendment modifies the framework for control of notified subordinate officers under section 238 of the Income-tax Act, 2025, and takes effect from publication in the Official Gazette.

Job work under heading 9988 is confined to treatment or processing performed on goods belonging to another registered person. Services falling within this definition are classified under item (id). Manufacturing services on physical inputs owned by others remain classified under item (iv), which excludes services covered by item (id) and applies where goods are owned by persons other than registered persons.

Eligibility and validity criteria under Component II of the Resilience & Logistics Intervention for Export Facilitation are extended until 31 March 2027 for shipments intended for delivery or transshipment. The extension facilitates utilisation of the intervention, strengthens trade resilience, supports Indian exporters, and mitigates logistics challenges associated with the continuing West Asia Crisis. All other provisions governing the intervention remain unchanged.

Section 263 permits the Commissioner either to cancel an assessment and remit the matter for fresh adjudication or directly modify it by enhancing income. Where the Commissioner conclusively directs an enhancement and the Assessing Officer only implements that direction, no issue is freshly adjudicated in the consequential assessment order. Objections to the direct enhancement, including reliance on the proviso to section 12AA(2), cannot be raised through an appeal against that consequential order. The enhancement must instead be challenged directly against the revision order before the competent forum.