In case of trade transaction between Indian Parent I.e. Holding Co and USA based WHOLLY Owned Subsidiary Co, what sort of docs are required from customs, income tax, fema, accounting standard perspective.
Please guide
Jayanta Bandyopadhyay 10 November 2021
In case of trade transaction between Indian Parent I.e. Holding Co and USA based WHOLLY Owned Subsidiary Co, what sort of docs are required from customs, income tax, fema, accounting standard perspective.
Please guide
SIVARAMAPRASAD KAPPAGANTU (Retired Manager) 11 November 2021
When the Wholly Owned Subsidiary (WOS) was opened, whether you had reported the remittance transaction in ODI Form Part I through your Bank to RBI and RBI has approved the same by allotting a Unique Identification Number?
Jayanta Bandyopadhyay 11 November 2021
It was outright buy after legal compliance.
Now regular trade between Indian parent and usa based Wholly owned subsidiary. Some items are customized and a few trading. Patent regularly buys.
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