ITC not allowed on goods/services procured for distribution of sales promotion rewards for achieving sales target: AAR

Case Details: Authority for Advance … Continue reading “ITC not allowed on goods/services procured for distribution of sales promotion rewards for achieving sales target: AAR”

Limited Insolvency Examination under regulation 3(3) of the Insolvency and Bankruptcy Board of India, 2016

Contents Syllabus for the Examination … Continue reading “Limited Insolvency Examination under regulation 3(3) of the Insolvency and Bankruptcy Board of India, 2016”

NCLAT upholds dismissal of CIRP plea as it was time-barred and there was a pre-existing dispute between parties

Case Details: Crown Tobacco Company … Continue reading “NCLAT upholds dismissal of CIRP plea as it was time-barred and there was a pre-existing dispute between parties”

RBI permits interbank rate or alternative reference rate for External Commercial Borrowings & Trade Credits

Circular no. DOR.CAP.REC. No.72/21.06.201/2021-22, Dated: … Continue reading “RBI permits interbank rate or alternative reference rate for External Commercial Borrowings & Trade Credits”