Government of Rajasthan Commercial Taxes Department No.F.17(228)ACCT/GST/2023/01872 Date- 08-09-2026 Order Subject: -reg. Consequent upon reorganization of the offices in the Commercial Taxes Department and notification of their respective territorial jurisdictions, the mapping of the newly created Zones/Circles/Wards and the corresponding officers has now been completed on the Departmental system. Accordingly, all concerned officers are hereby directed to commence functioni... ... ...

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 118/2026 New Delhi, the 9th September, 2026 S.O. 5003(E).- In pursuance of section 258(1)(b) of Income-tax Act, 2025, the Central Government hereby specifies Secretary, ITE&C, Government of Andhra Pradesh for the purposes of the said section in connection with sharing of information regarding income-tax payers for identifying eligible beneficiaries under various welfare schemes being imple... ... ...

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES (POLICY BRANCH) VYAPAR BHAWAN, IP ESTATE, NEW DELHI- 110002 No.F.437/GST/POLICY/2021/688-693 Dated: 09-6-2023 CORRIGENDUM Reference: (1) Circular No. - 15/2021-GST of State Tax dated 10.03.2022 (2) Corrigendum no. F.3(377)/GST/Policy/2021/1243-49 dated 28/04/2022 Subject: 1. In supersession of Corrigendum no. F.3(377)/GSI/Policy/2021/1243-49 dated 28.04.2022 the Para-4 of the Circular No.... ... ...

Emerging financial technologies should be evaluated by the financial need they address rather than by novelty alone. Their benefits depend on inclusive design choices such as interoperability, common standards and accessibility. Prudence requires safeguards against risks arising from automation speed, concentration in technology dependencies and opacity in advanced models. Institutions remain accountable for customer fairness and risk management despite algorithmic decision-making or third-party technology provision. Policy should apply proportionate governance, validation, oversight and intervention requirements, while allowing controlled experimentation and adaptive supervision to support responsible innovation.

Input tax credit time limits under Section 16(4) for reverse-charge supplies received from unregistered persons are addressed for Delhi GST purposes by the corresponding central GST clarification. The clarification is adopted mutatis mutandis for application under the Delhi Goods and Services Tax framework. The position is clarificatory in nature.

Rupee depreciation against the US dollar was linked to Brent crude prices exceeding USD 100, persistent dollar demand and concern over India's import bill. India's substantial dependence on crude imports makes sustained oil-price increases a source of pressure on the import bill, current account and rupee. FCNR-related dollar inflows have largely faded, while movement above the 95 USD/INR level generated additional dollar demand and was viewed as technically significant.

Valuation of imported services supplied by a related person to a recipient eligible for full input tax credit is clarified for implementation under the DGST Act, 2017. The corresponding central clarification applies mutatis mutandis to such related-party import-of-service supplies, with the stated objective of uniform implementation.

The National Industrial Corridor Development Programme spans industrial corridors and greenfield industrial smart cities designed as plug-and-play manufacturing ecosystems with serviced land, utilities, ICT infrastructure and multimodal connectivity. India-Russia engagement covers manufacturing investment, technology cooperation, localisation, business matchmaking and possible industrial clusters. NICDC also supports PM MITRA Parks, BHAVYA industrial parks, GIS-enabled industrial land information and digital logistics platforms to improve site selection, container visibility, logistics efficiency and data-driven decision-making.

Zero-rated exports permit input tax credit through export under a Letter of Undertaking or Bond without payment of integrated tax, followed by refund of accumulated unutilized credit, or through the permitted integrated-tax payment route. Export proceeds must be realized within applicable foreign-exchange timelines. Deemed exports to specified export-promotion entities remain taxable domestic supplies and use invoice-based refund procedures. Advance Authorisation enables duty-free import of export-production inputs subject to value-addition and actual-user conditions. An LUT requires payment of tax and interest if export or service-remittance conditions are not met.

Input tax credit under section 16(2)(c) of the CGST Act is conditioned on actual remittance of tax to the Government by the supplying person. A purchaser who has paid the tax component to the supplier may consequently be denied credit where the supplier defaults in payment. Purchaser concerns require revenue authorities to focus recovery efforts on defaulting suppliers and to make appropriate enquiries before placing the burden on purchasers. Technology-driven mechanisms for tracking supplier compliance are identified as necessary to reduce disproportionate hardship to genuine purchasers.

GST inspection of goods in movement permits interception of a conveyance carrying goods in transit for verification of prescribed documents, devices and goods. The person in charge must carry the required transport records, including applicable invoice, bill of supply, delivery challan and e-way bill, produce them on interception, and allow inspection. Documentary deficiencies or supplies contrary to GST requirements may result in detention, seizure, confiscation and penalties. A transporter may upload portal details where verification holds up a consignment beyond 30 minutes.

Rule 110(5) of the CGST Rules, 2017 bases GSTAT appeal fees on tax or input tax credit involved, the difference in tax or input tax credit involved, or fine, fee or penalty determined in the appealed order, subject to prescribed limits. Its repeated use of "or" supports alternative, rather than automatically cumulative, computational bases. The applicable limb must follow the actual dispute, grounds and relief in appeal, not the appellant's preference. Interest, though mentioned in the no-demand proviso, is omitted from the main proportional formula. Amounts accepted and not challenged should be distinguished from amounts actually involved in appeal.

Rectification under Section 161 of the CGST Act is limited to patent errors apparent from the existing record. It cannot be used to decide disputed input tax credit claims requiring supporting documents, factual verification, or fresh appreciation of evidence. The power may correct self-evident clerical, arithmetical, accidental, or double-computation errors, subject to statutory time limits and natural justice where a person is adversely affected. Substantive disputes and debatable questions of fact or law must be pursued through the statutory appellate remedy within the applicable limitation period.

Retrospective operation of Section 16(5) made otherwise time-barred input tax credit eligible where returns for the relevant period were filed before the stipulated cut-off date, removing the basis for the related principal demand. Penalty quantum under Section 73(9) depends on the surviving tax demand; therefore, penalty enhancement cannot operate independently where the demand has been displaced or requires reconsideration. Return mismatch, supplier non-uploading of payment particulars, and alleged short payment require factual examination in fresh adjudication.

Input tax credit on materials used to construct commercial immovable property depends on whether construction is undertaken on the taxpayer's own account or for taxable renting or leasing. Construction intended for the taxpayer's own use is treated as blocked under section 17(5)(d), while construction intended from inception for rental or lease services is presented as falling outside that category. Intended end use, established before construction through approvals, layout and design, is identified as the key factual consideration for determining credit eligibility.

Last-minute references to a District Valuation Officer under Section 142A, made immediately before assessment limitation under Section 153 expires, may be a colourable exercise where no bona fide valuation requirement exists. Valuation of fixed assets may not be relevant where the actual issue concerns the allowability of depreciation based on ownership or business use. A valid valuation reference requires independent application of mind, cogent material, recorded reasons, and satisfaction of statutory conditions. Timely valuation action is necessary to prevent artificial extension of assessment proceedings.

The BEDF Basmati and Organic Training Centre-cum-Demonstration Farm will provide practical support for Basmati cultivation, organic farming and agri-exports. Its activities include demonstrations of notified Basmati varieties, pest and nutrient management, organic inputs and cultivation practices. A Seed Multiplication Centre will produce and multiply breeder, foundation, certified and truthful seed, while maintenance breeding will support varietal purification. Training will cover seed production, organic and bio-input production, organic certification requirements, quality standards, packaging and export procedures, with technical support for farmers, Farmer Producer Organisations and extension workers.

BRICS cooperation is directed at improving women-led enterprises' access to credit, markets and predictable trade rules. Proposed measures include an invoice-discounting platform responsive to women exporters, a Women's Advancement Fund, a common trade platform, and greater participation in exhibitions, buyer-seller meetings and sector-specific delegations. Electronic trade documents and cross-border online services are envisaged alongside respect for domestic laws. Businesses are encouraged to identify procedural barriers and propose solutions to reduce documentation and improve ease of doing business.

Intelligence-led enforcement against illegal wildlife trafficking involved six coordinated operations, seizures of protected wildlife and derivatives, and arrests. The operations addressed alleged poaching, possession, transportation, sale and trafficking of leopard pelts, live Indian star tortoises, live tokay geckos, pangolin scales and tiger bones under the Wildlife (Protection) Act, 1972. Recovered articles, apprehended persons and relevant vehicles were transferred to Forest Department officers for investigation and further action.

Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006 requires the Facilitation Council to conduct mediation on a reference and, if mediation fails, to either arbitrate the dispute itself or refer it to a competent arbitral institution or centre. Dismissing the reference after unsuccessful mediation, without commencing or making an effective arbitral reference, is inconsistent with the statutory dispute-resolution mechanism. The reference must proceed to arbitration or be referred for adjudication on merits.