RBI permits banks to extend export credit using any alternative reference rate for smoother LIBOR transition

CIRCULAR NO. RBI/2021-2022/79 DOR.DIR.REC.37/04.02.002/2021-22, Dated … Continue reading “RBI permits banks to extend export credit using any alternative reference rate for smoother LIBOR transition”

DGFT allows uploading of e-BRC by Sep 15, 2021 for shipping bills with LEO upto Mar 31, 2020 on which RoSCTL scrip claimed

Trade Notice No. 13/2021-22 Dated … Continue reading “DGFT allows uploading of e-BRC by Sep 15, 2021 for shipping bills with LEO upto Mar 31, 2020 on which RoSCTL scrip claimed”

Exemption from payment of IGST on goods re-imported after repair can’t be denied on subsequent transactions if already allowed by CESTAT: Delhi HC

Case details: Interglobe Aviation Ltd. … Continue reading “Exemption from payment of IGST on goods re-imported after repair can’t be denied on subsequent transactions if already allowed by CESTAT: Delhi HC”

Person giving an interest-free loan to the corporate debtor to cover its working capital needs is a financial creditor: SC

Case details: Orator Marketing (P.) … Continue reading “Person giving an interest-free loan to the corporate debtor to cover its working capital needs is a financial creditor: SC”