Input tax credit transferred in a business reorganisation is apportioned according to the value of assets transferred with liabilities. For demergers, asset values are determined at the State level for each distinct registration and as on the appointed date in the demerger scheme. The resulting ratio applies to the aggregate unutilized credit balance in the electronic credit ledger on the date FORM GST ITC-02 is filed. Aggregate transferable credit may be allocated across available tax heads, subject to the overall apportioned amount and balances under each head.

GST credit note issuance is questioned for post-sale discounts and invoice correction. The issue is whether a credit note may be entered through item mode without specifying quantity and rate for GST-related purposes. No substantive determination on permissibility or applicable conditions is provided.

CBN also conducts Jan Sunwayi programmes at Neemuch and Mandsaur for prompt and accessible redressal of grievances of opium cultivators CBN is actively conducting awareness programmes and direct engagements to disrupt illicit drug supply networks, preventing drug abuse and contributing towards a healthier and drug-free society The Central Bureau of Narcotics (CBN) conducted a series of significant anti-drug awareness programmes to raise awareness against illegal trafficking and possession ... ... ...

Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.

Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.

The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.

India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.

Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.

Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.

From 1 October 2026, employer and employee contributions are payable under section 29 for establishments across Gujarat's 15 non-implemented and 16 partially implemented districts. Employees of these establishments are to receive Chapter IV benefits through the Employees' State Insurance Corporation. The territorial implementation operates under the third proviso to the First Schedule of the Code on Social Security, 2020, replacing the earlier arrangement while preserving prior acts and omissions.

Eligible registered persons with aggregate turnover not exceeding two crore rupees may elect not to furnish annual returns for financial years 2017-18 and 2018-19, with non-filing by the due date treated as deemed furnishing. Eligible composition taxpayers may file FORM GSTR-9A, and other eligible registered persons may file FORM GSTR-9, before the due date only. Taxpayers identifying short-paid tax or ineligible input tax credit during reconciliation may voluntarily pay the liability through FORM GST DRC-03.

GST refund claims may club successive tax periods across financial years, while specified claims continue to follow chronological filing except after a deficiency memo. Accumulated ITC refund is unavailable where inputs and outputs are the same goods taxed at different times. For tax refunds other than zero-rated supplies or deemed exports, cash and credit components must be paid in cash and re-credited, respectively, in the original payment proportion. Accumulated ITC claims are confined to supplier-uploaded invoices reflected in FORM GSTR-2A, with HSN/SAC reporting required where stated on inward invoices.

Defects capable of preventing admission include an illegible vakalatnama; appeal papers or supporting documents lacking digital signatures; an uncertified, unsigned, or illegible show-cause notice; omission of the order-in-original; and an impugned appellate order lacking its reference number or date. Failure to cure defects, upload supporting material, attend listed hearings, or seek adjournment despite repeated opportunities may result in rejection under Rule 24(4) of the GSTAT (Procedure) Rules, 2025.

GST exemption claims must be supported by cogent GSTIN-wise documentary evidence. GSTR-9C disclosure, entity-level audit records, or a non-speaking Chartered Accountant certificate cannot independently establish that unreconciled turnover is exempt interest income attributable to another registration. The taxpayer bears the burden of proving that the amount satisfies the exemption conditions and relates to the relevant period. Failure to produce available records at assessment and appellate stages may support an adverse inference that the withheld evidence would be unfavourable.

The amended Rule 89(5) formula is treated as curative and clarificatory because it corrects an earlier mismatch that could understate refunds of accumulated input tax credit under an inverted duty structure. Curative amendments may apply to earlier tax periods where refund or rectification claims remain within limitation and satisfy substantive requirements. A supplementary claim for an omitted differential amount is not barred merely because an earlier claim was filed, subject to eligibility, limitation, accurate quantification and prevention of duplicate refunds.

Section 107(12) of the CGST Act, 2017 requires first appellate authorities to issue written, reasoned orders identifying points for determination and recording decisions on each point. Dismissal of a GST appeal solely for absence or lack of prosecution, without considering the record and appeal grounds, is inconsistent with the statutory appellate duty. Appellate authorities must independently examine relevant facts and material grounds, provide an opportunity of personal hearing, and issue speaking orders supported by reasons.

Inverted-duty GST refund eligibility under Section 54(3)(ii) depends on accumulation of eligible input tax credit from higher-taxed inputs relative to output supplies, not on whether the claimant is termed a manufacturer or trader. Shared HSN classification of inputs and outputs is not an independent disqualification. All eligible inputs forming Net ITC, including chemicals, packaging and consumables, must be considered under Rule 89(5). The refund must be calculated using tax-period-specific data; annual figures may only corroborate business patterns or assist verification.

Section 147A, retrospectively inserted with effect from 1 April 2021, purports to validate reassessment notices issued by Jurisdictional Assessing Officers. Through a non-obstante clause, it overrides section 151A and judicial pronouncements, and treats the Assessing Officer for sections 148 and 148A as the jurisdictional officer rather than the National Faceless Assessment Centre. The central issue is whether prescribed faceless allocation is mandatory and whether retrospective validation can displace that procedure.

GST treatment of medicines, consumables and medical devices supplied to in-patients depends on whether they are independently taxable supplies or integral components of exempt health services. Section 76 applies where an amount is collected as tax but is not paid to Government, irrespective of the taxability of the underlying supply. The inquiry requires invoices, procurement and tax-payment details, and the billing method, while distinguishing in-patient treatment supplies from standalone pharmacy sales on which GST is collected and remitted.

Rule 9(3) to 9(5) of the Security Interest (Enforcement) Rules, 2002 requires an auction purchaser to make the prescribed deposit immediately and pay the balance within the statutory period; any extension must rest on a written agreement. Acceptance of sale consideration 448 days after bid opening, without a written extension or permission to proceed despite an interim order, breached that mandatory procedure. Equitable considerations cannot override statutory requirements. Non-compliance vitiates the auction sale, acceptance of delayed consideration, and consequential sale certificate.