Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.

Late fee for delayed furnishing of FORM GSTR-7 by registered persons required to deduct tax at source is waived to the extent it exceeds twenty-five rupees per day of continuing default. The aggregate late fee is capped through waiver of the amount exceeding one thousand rupees. The concession applies to returns for June 2021 onwards and takes effect from 1 June 2021 under the Telangana Goods and Services Tax framework.

Section 14A disallowance is not applicable where no exempt income is earned in the relevant year, with the 2022 amendment treated as prospective. Commercial-floor depreciation and related expenses require verification of their connection with business use. Notional rent does not arise on advances for flats before possession or registration. Interest paid to a specified mutual fund is exempt from tax deduction, while tax-deducted payments do not attract disallowance. Demerger-related stamp duty may qualify for amortisation. The key points also address prevention of double taxation of accrued interest, verification of interest on property-acquisition advances, deductibility of debenture-related interest costs, and reconciliation of Form 26AS discrepancies.

Late fee for delayed furnishing of FORM GSTR-4 for financial years 2021-22 onwards is capped through waiver of the amount exceeding prescribed limits. Where State tax payable in the return is nil, late fee exceeding Rs. 250 is waived; for other registered persons, late fee exceeding Rs. 1,000 is waived. The waiver applies where registered persons fail to furnish FORM GSTR-4 by its due date and takes effect from 1 June 2021.

Helpdesk operations at every circle and ward must be ensured by Deputy Commissioners (Administration) for smooth functioning within their jurisdiction. Helpdesks are to operate as service centres assisting taxpayers with electronic filing of returns and GST/VAT registration.

GST fake registration detection and input tax credit fraud prevention require time-bound verification of suspicious GSTINs identified through analytics, intelligence, and field inputs. Non-existent or fictitious taxpayers may face registration suspension or cancellation, while input tax credit may be blocked in the Electronic Credit Ledger. Recipients claiming credit on invoices without underlying supplies must be identified through GSTR-1 data, with demand and recovery action or inter-jurisdictional referral supported by relevant evidence. Weekly reports and GSTIN-wise final feedback must record verification, enforcement action, detected evasion, recovery, and fraud patterns.

Courier Bill of Entry-X (CBE-X) is used by an authorised courier for clearance of dutiable imported goods. It captures consignment particulars, customs valuation inputs, applicable duty and exemption details, IGST and GST Compensation Cess information, and total duty. The courier must disclose all charges includible in assessable value and declare consignee authorisation, accuracy of declared particulars, consistency with airway bills and invoices, and prompt disclosure of subsequently received contrary importer information.

Courier Bill of Entry-IX requires an authorised courier to provide consignment, consignee, valuation, tariff classification and duty particulars for samples, prototypes and personal-use gifts. It requires declarations of consignee authorisation, eligibility of the goods as permitted samples or gifts within the prescribed value, absence of import prohibition or restriction, enclosure of airway bills and invoices, and accuracy of particulars. The format separately captures additional duty, IGST, GST compensation cess, relevant exemptions and total duty.

Courier Bill of Entry-VIII (CBE-VIII), prescribed under regulation 5 of the Courier Imports and Exports (Clearance) Regulations, 1998, governs clearance of imported documents through an authorised courier. The courier must declare authority from each consignee and confirm that consignments contain only documents of no commercial value, excluding dutiable, prohibited and restricted goods. The form records consignment and arrival particulars and contains endorsements by customs officers for clearance.

Authorised Courier Manifest (CBE-VII) requires an authorised courier to provide prescribed particulars for courier consignments, including the courier's identity, land Customs station, vehicle registration, origin or loading place, and relevant Customs serial references. Each entry must state invoice details, package count, weight, goods description, consignor, consignee and address, and value. The form provides for aggregate totals and requires the authorised courier's signature.

Courier Import Manifest in Form Courier Bill of Entry-VI (CBE-VI) is prescribed for courier imports under regulation 5 of the Courier Imports and Exports (Clearance) Regulations, 1998. It records courier and vehicle particulars, arrival and origin details, and consignment-wise information on authorised couriers, bags and weight. Aggregate totals must be stated, and the manifest must be signed by the courier, authorised representative, vehicle owner or driver, as applicable.

Courier Shipping Bill-V requires an authorised courier to furnish courier, shipment, exporter, invoice, goods classification, value, consignee, e-commerce and export-scheme particulars for clearance and export. It also requires GSTIN and invoice details, indication of IGST-paid export supply or export against bond or undertaking, and total IGST paid where applicable. The authorised courier must confirm the exporter's authority for booking, clearance and export, and undertake adherence to the exporter's declaration.

Warehouse licensees must submit complete licence or modification applications, maintain digitally signed records and monthly returns, preserve records for at least five years, and keep off-site digital backups with audit trails. Continued compliance requires valid all-risk insurance, solvency certification where applicable, lease documentation and updated bonds. Licence cancellation requires clearance of government dues, absence of warehoused goods where required, and no pending proceedings. Warehousing-period extension applications must be filed in advance with prescribed security and a non-deterioration declaration. Risk-based audits apply, and official communications must use the designated electronic channel.

Special drought relief paid to paddy farmers through procurement agencies formed part of gross turnover under the Haryana General Sales Tax Act, 1973 where commission agents included it in sale invoices and charged and collected it from the purchaser with the paddy price. Although the payment was intended as relief rather than minimum support price, it was inseparable from the consideration for the paddy sale and purchase. The amount was therefore included in the taxable sale and purchase value and was exigible to tax.

HSN code disclosure on Rajasthan GST tax invoices is based on annual turnover in the preceding financial year. No HSN digits are required for turnover up to rupees one crore fifty lakhs; two digits are required where turnover exceeds that amount and is up to rupees five crores; and four digits are required for turnover of rupees five crores and above. These requirements apply to tax invoices under the Rajasthan Goods and Services Tax Rules, 2017, from 1 July 2017.

Electronic verification under the Rajasthan Goods and Services Tax Rules, 2017 includes an electronic verification code generated through net-banking login on the common portal and an electronic verification code generated on the common portal. The revised verification mechanism applies from 23 June 2017.

GST registration functions are assigned to Deputy Commissioners or Assistant Commissioners of State Tax for regular-circle jurisdictions and to State Tax Officers for independent-headquarters ward jurisdictions. Registration involving casual taxable persons and non-resident taxable persons intending to make supplies is assigned to the Deputy Commissioner or Assistant Commissioner of State Tax of the regular circle. If the designated officer is unavailable, the Joint Commissioner (Administration) may allocate the work to another officer. Where multiple independent-headquarters wards exist, the State Tax Officer of the lowest-numbered ward performs registration functions.

AEO certificates expiring between 1 April 2021 and 31 May 2021 receive an extension until 30 June 2021 to facilitate renewal. The extension does not apply to entities found ineligible for continuation under the AEO Programme. AEO-T1 and AEO-T2 certificates ordinarily remain valid for three years, while AEO-T3 and AEO-LO certificates ordinarily remain valid for five years.

Audited books for turnkey power projects cannot be rejected merely because a fixed-price contract produced losses where supporting records establish receipts, expenditure and accounting reliability; presumptive profit estimation is then unwarranted. Cost-to-cost freight reimbursements paid by the head office to independent shipping agencies without markup do not justify a transfer-pricing adjustment, and a customer contract price may serve as an internal comparable where the project office records revenue and bears execution risks. Expenditure subject to tax deduction at source remains allowable when the tax is deposited before the return-filing due date. Brought-forward business losses may be set off against presumptive business income, but unabsorbed depreciation may not be so adjusted.

Persons packing unit-container goods bearing a brand name must file an affidavit voluntarily forgoing any actionable claim or enforceable right in that brand name before the jurisdictional Joint Commissioner of State Tax. The affidavit must state the brand name, related commodity, and pending brand-registration applications. Authorities must accept and register affidavits, issue acknowledgements, verify compliance with applicable conditions, and communicate accepted affidavit details to the jurisdictional proper officer for compliance monitoring.