Fdi in trading company
This query is : Resolved
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
thanks
CA Ashish Gupta
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
thanks
CA Ashish Gupta
19 November 2011
Dear Ashish,
Dont forsee any limitation on export. it can export 100% of its goods to holding company.
However you also need to take care of TP regulations.
Regards,
cavishalshah@gmail.com
09920917939
Dont forsee any limitation on export. it can export 100% of its goods to holding company.
However you also need to take care of TP regulations.
Regards,
cavishalshah@gmail.com
09920917939
Message likes :
1 times
19 November 2011
thanks vishal
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
