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Archive: 13 July 2023

Posts in 13 July 2023

25 FAQ’s on Liberalized Remittance Scheme (LRS) for Resident of India

July 13, 2023 16641 Views 0 comment Print

Explore 25 FAQs on the Liberalized Remittance Scheme (LRS) for Indian residents, covering permissible limits, types of transactions, bank requirements, and compliance. Get insights into foreign remittances, acquisition of foreign assets, and incurring foreign expenses. Stay informed on the do’s and don’ts under LRS, mandatory conditions, and the role of Authorized Dealer (AD) banks. Stay compliant and make informed decisions for your international financial transactions.

Custom duty on Re-import of goods/equipment from a SEZ/FTWZ to DTA for mining or support services

July 13, 2023 2673 Views 0 comment Print

Explore BJ Services Company Middle East Ltd’s Customs Act ruling under section 28-H. Learn about re-import of goods, SEZ/FTWZ transactions, and exemption eligibility.

Spurious Products & Consumer Fraud not within Ambit of Competition Law: CCI

July 13, 2023 441 Views 0 comment Print

Detailed breakdown and analysis of the Competition Commission of India’s ruling on consumer fraud and counterfeit products in the Sanjay Kumar Vs Karagiri Studio case.

NCLT approves resolution plan of Malar Energy & Infrastructure Private Limited

July 13, 2023 498 Views 0 comment Print

Explore the resolution process of Malar Energy & Infrastructure Private Limited. Learn about the challenges, COC meetings, and the approved resolution plan’s impact.

NCLT approves resolution plan of Premshree Devcon Pvt Ltd

July 13, 2023 306 Views 0 comment Print

Explore the approval of M/s Land Nest Developers’ resolution plan in the NCLT Indore case (Navin Khandelwal vs. Mukesh Agrawal). Key details, analysis, and implications.

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