Security-cheque defence requiring evidentiary proof must be adjudicated at trial and does not, by itself, justify quashing a criminal complaint under inherent jurisdiction. The merits of that defence therefore remain open for trial determination. Costs imposed for non-appearance may be set aside where the absence is attributable to the party's ailment, removing the monetary burden in those circumstances.

The specified date in paragraph 2 of the raw cotton customs exemption framework changes from 31 October 2026 to 31 December 2026. The framework concerns basic customs duty (BCD) and agriculture infrastructure and development cess (AIDC) on raw cotton. The Central Government makes the amendment in the public interest under section 25(1) of the Customs Act, 1962, read with section 124 of the Finance Act, 2021.

GST Service/Facilitation Centres operate in every unit office across Assam as Single Window Facility Service Centres for taxpayers and DDOs. They support digitised and online government-service delivery for improving the Ease of Doing Business ecosystem. The centres provide guidance, assistance and support on GST compliance, receive grievances, and facilitate effective grievance resolution through the State Single Window System.

Customs tariff valuation under section 14(2) of the Customs Act, 1962 is updated through substituted tariff-value tables effective 31 October 2026. Values per metric tonne are fixed for specified edible oils and brass scrap, while gold and silver values apply by prescribed weight units to qualifying forms and specified products. Areca nuts remain at 10,433 US dollars per metric tonne without change.

GST refund claims for unutilised input tax credit require FORM GSTR-2A and invoice-wise Annexure-A details with FORM GST RFD-01A. Refund is limited to the lowest prescribed formula amount or relevant electronic credit ledger balance, and credit must be debited in the specified order before application. Ineligible credit rejected in a refund claim is re-credited with recovery proceedings, while other rejected credit requires an undertaking against appeal. A deficiency memorandum requires a fresh application, and sanctioned refunds cannot be withheld by the disbursing administration merely for perceived errors.

Non-GST dealers and assessees should use the ATReMS portal for electronic registration, amendments, cancellation, return filing, payment, e-CST forms, delivery notes, road permits, appeals, revisions and refunds. Existing users need to migrate their profiles from the legacy portal, while newly registered users need to create login credentials through the New User sign-up facility.

Integrated co-location services involving hosting and IT infrastructure provisioning are not treated as renting of immovable property. Their place of supply is determined by the recipient's location under the default rule, and supplies involving a supplier and recipient in different States attract IGST. Conversely, an arrangement limited to physical space on rent with basic infrastructure, without hosting, IT provisioning, or responsibility for server operation and monitoring, is treated as renting of immovable property, with place of supply determined by the property's location.

Rule 189A prescribes conditions for mergers of registered non-profit organisations with the same or similar objects. Cross-mergers between regularly registered and provisionally registered organisations are prohibited. The merged organisation succeeds to the merging organisation's assets, liabilities, tax obligations and pending or future tax proceedings for pre-merger periods. It must preserve its objects for five years, avoid related-person benefit, comply with income-application and investment requirements, and submit Form No. 112A electronically within the prescribed period. Both organisations must obtain an audit of their books of account as on the merger date.

The Ministry of Corporate Affairs performs an administrative role in conducting appointments of Judicial and Technical Members of the National Company Law Tribunal. The Tribunal independently appoints and manages its officers and staff, including Deputy Registrars, Court Officers, Stenographers, Office Assistants and Multi-Tasking Staff. Delegated personnel responsibility supports the Tribunal's effective and independent functioning.

ONDC DigiDukaan enables kirana retailers to operate as digital buyers through a single interface for discovering and ordering products across multiple brands, distributors and wholesalers, with visibility of pricing, trade schemes and availability. It is intended to reinforce existing distributor relationships while creating a shared digital foundation for logistics, formal credit and related services. Priority areas include a common retailer identity, shared logistics and micro-warehousing, transaction-linked financing, simplified technology integration and commercial incentive alignment for sustained digital ordering.

Trade and investment cooperation focused on enhancing trade and investment flows, addressing market-related concerns, facilitating market access, and expanding business engagement and investment partnerships. Priority sectors included logistics, renewable energy and clean technology, financial services and FinTech, digital transformation and ICT, healthcare and life sciences, Ayurveda and traditional medicine, and agro-food processing.

High Level Committee on Banking for Viksit Bharat is constituted to review India's banking sector and recommend structural, institutional, regulatory and legislative reforms supporting globally competitive, financially inclusive and resilient banking. Its remit includes prudential norms, banking regulation, capital requirements, cost of capital, AI and digital innovation, cyber-risk safeguards, workforce capacity, Priority Sector Lending and the Lead Bank Scheme. The Committee will also consider reforms affecting Regional Rural Banks, Cooperative Banks, Development Financial Institutions and Non-Banking Financial Companies.

Cross-border UPI acceptance enables Indian travellers to make online experience bookings at At the Top, Burj Khalifa and Resorts World Sentosa using preferred UPI applications. The UAE integration involves NPCI International Payments Limited, NEOPAY and Emaar Entertainment, while the Singapore arrangement with FOMO Pay extends acceptance to Resorts World Sentosa attractions. These e-commerce facilities build on QR-based merchant payment arrangements and support seamless cross-border digital transactions for advance travel planning.

Consolidated monthly accounts through September 2026 record total receipts of Rs.18,35,422 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.6,99,409 crore. Total expenditure stands at Rs.25,49,835 crore, with Rs.18,95,288 crore on revenue account and Rs.6,54,547 crore on capital account. Revenue expenditure includes interest payments of Rs.6,46,010 crore and major subsidies of Rs.2,22,905 crore.

Intelligence-based interceptions resulted in the seizure of methamphetamine tablets concealed in an office table within a vehicle and crystal methamphetamine hidden above a truck cabin in tea packets carrying foreign markings. Four persons were arrested under the Narcotic Drugs and Psychotropic Substances Act, 1985, and three vehicles were seized. Preliminary investigation linked the drugs to cross-border smuggling from Myanmar.

An intelligence-led operation uncovered a functional clandestine synthetic-drug manufacturing laboratory and seized semi-prepared drugs, finished methaqualone, precursor chemicals, and manufacturing equipment. Follow-up residential searches recovered additional chemicals and a manufacturing machine. Approximately 1,100 kg of drugs and precursor chemicals were seized in total, and two persons associated with the facility were arrested under the Narcotic Drugs and Psychotropic Substances Act, 1985.

Under Ind AS 110, profit or loss and each component of other comprehensive income must be attributed to NCI even if this produces a deficit balance. NCI is not capped at zero and continues to be presented separately within equity in consolidated financial statements. Schedule III requires separate presentation and disclosures of NCI, including its share of profit or loss, OCI, total comprehensive income and relevant equity movements. A deficit NCI does not itself create a funding obligation for NCI holders; any such obligation depends on separate legal or contractual arrangements.

GST field administration is criticised for duplicate or inaccurate audit notices, short response periods, mechanical penalty computation, and procedural objections to pre-deposits made for Tribunal appeals. Concerns also extend to demands for blocked input tax credit on repair expenditure, unverified product classification, and tax on closing trade payables. Effective system controls, proper verification, reasonable opportunity to respond, and improved adjudicatory and first-appeal competence are identified as necessary for accurate GST administration.

The SCN defines the boundary of the tax case and must clearly disclose the factual and legal allegations enabling the noticee to meet the case. A demand cannot be sustained on grounds, factual foundations, or statutory charges not put to the noticee, and a defective notice cannot be retrospectively supplemented through litigation affidavits. Section 75(7) confines an order to the amount and grounds specified in the notice. A writ remand may permit fresh adjudication of an inadequately reasoned order, whereas a foundational notice defect requires specific consideration.

An earnest-money requirement in a SARFAESI auction must be assessed as either an essential eligibility condition or an ancillary condition capable of substantial compliance. Where both bidders made an identical marginally deficient earnest-money deposit, the bank accepted their bids, the highest bidder promptly deposited 25% of the sale price, and no prejudice resulted to the rival bidder or borrower, the deficiency does not invalidate the bid. Surplus sale proceeds retained by the bank in a non-interest-bearing account remain repayable to the borrower with interest.