Search Results for Tag : Proceeds

News

Madras HC: Proceeds on Sale of Certified Emission Reduction Credit is Capital Receipt(10.03.2021)

Madras High Court has held that proceeds realized on sale of Certified Emission Reduction Credit, which had been earned on the Clean Development Mecha.....

Tags : Madras High Court, Proceeds on Sale of Certified Emission Reduction Credit

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International Cases

Applicant in any proceedings under the Proceeds of Crime Act bears onus of proving matters necessary to establish grounds for making the order applied for(14.06.2019)

Present is an application by the Commissioner of the Australian Federal Police pursuant to Section 49 of the Proceeds of Crime Act, 2002 for the court.....

Tags : Forfeiture order, Proceeds, Conditions

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Judgments

Only expressly created statutory first charges under Central and State laws can take precedence over claims of secured creditors(04.12.2019)

Present appeal arises out of judgment passed by High Court. Vide the impugned judgment, the High Court has directed the issuance of a recovery certifi.....

Tags : Sale, Secured assets, Proceeds

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Notifications & Circulars

Acceptance of e-BRC of DGFT Towards Proof of Realization of Sale Proceeds for Exports with LEO Date Upto 31.03.2014 under Drawback Scheme(28.02.2017)

Attention is invited to Board's Circular No. 5/2009-Customs dated 2.2.2009 which prescribes Bank Realization Certificate (BRC) as one of the documents.....

Tags : Acceptance, E-brc, Proof, Sale proceeds

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Export of Goods and Services- Realisation and Repatriation of Export Proceeds-Relaxation(01.04.2020)

1. The Government of India as well as the Reserve Bank has been receiving representations from Exporters Trade bodies to extend the period of realisat.....

Tags : Goods and Services, Export Proceeds, Relaxation

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