Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
Valuations conducted under the Insolvency and Bankruptcy Code are to follow the International Valuation Standards, as issued and updated by the IVSC, for corporate insolvency resolution, liquidation, voluntary liquidation, pre-packaged insolvency resolution, and personal guarantor bankruptcy processes. The circular makes these standards applicable for all valuations under the Code and regulations made thereunder, with effect from the date of issue and until further orders, to support transparent, objective, and credible asset valuation in insolvency proceedings.
Valuations conducted under the Insolvency and Bankruptcy Code are to follow the International Valuation Standards, as issued and updated by the IVSC, for corporate insolvency resolution, liquidation, voluntary liquidation, pre-packaged insolvency resolution, and personal guarantor bankruptcy processes. The circular makes these standards applicable for all valuations under the Code and regulations made thereunder, with effect from the date of issue and until further orders, to support transparent, objective, and credible asset valuation in insolvency proceedings.
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