16 November 2011
under automatic route 100% FDI is allowed. Suppose X is indian company where 100% equty is held by Y which is an foreign Company. i want to know whether X can sell the goods(export) to Y, is there any limitation for exports (% cap) under guidlines, WT of goods would be permitted among companies of the same group subject to 25% of total turnover of wholesale venture. whether this condition apply to holding company Y in case of export
CAclubindia
