Daily Intelligence Capsule — 1 September 2026

Latest EditionLatest Edition — Tuesday, 1 September 2026

Did You Know

Cross-Empowerment Stops at the State Border

"Cross-empowerment" under GST sounds like it should let any state's tax officer act on any other state's behalf — but Section 6 of the CGST/SGST Acts and Section 4 of the IGST Act only ever cross-empower Central and State GST authorities within the same state. A Uttar Pradesh officer can stand in for the Centre inside U.P. — never for West Bengal or Delhi, the states that actually have a stake when goods merely pass through U.P. on their way somewhere else.

Quiz of the Day

The Fifteen-Day Reprieve

Your client, a private limited company, held its AGM for FY 2024-25 on 30 September 2025, making its AOC-4 due on 29 October 2025. Filing today, 1 September 2026 — 307 days late — under CCFS-2026: outside the Scheme the fee would be ₹31,000 (₹300 + ₹100/day × 307 days); under CCFS-2026's 90% additional-fee waiver it is ₹3,370 — a saving of ₹27,630, since the Scheme was further extended to 15 September 2026 by General Circular No. 04/2026.