The Bombay High Court has reiterated that benefit of RoDTEP would be available on export of white refined sugar at a time when export of sugar was restricted.

The CESTAT Chennai has held that conversion of waste Polyethylene Terephthalate (‘PET’) bottles into PET flakes does not amount to ‘manufacture’ as per Section 2(f) of the Central Excise Act, 1944.

The Supreme Court has recently held that the corporate guarantees which were executed before the Corporate Debtor was declared as a Non-Performing Asset, are to be constituted as ‘financial debt’ under Section 5(8) of the Insolvency and Bankruptcy Code, 2016 (‘IBC’). The appeal was preferred by the SBI Consortium (‘Appellant’) arising from the order passed by the National Company Law Appellate Tribunal (‘NCLAT’).

India and New Zealand have on 27 April 2026 signed a Free Trade Agreement (FTA). The negotiations were officially launched on 16 March 2025 and after five formal rounds of negotiations and several intersessions, the Agreement was concluded on 22 December 2025. It will enter into force after the completion of all domestic procedures and ratification in both countries.

The Madras High Court has quashed a show cause notice issued under Section 76 of the CGST Act, 2017 wherein the Department had not considered the payment made by the assessee through the other registration in the same State.