Internationa Payment
This query is : Resolved
28 March 2009
Dear sir,
Our company have to pay to his sister concern at Germany in EURO for purchase of machinery and we have to receive commission in EURO.
Can we pay net i.e. after adjusting receivable with payable. If yes any intimation is required to any government agencies.
Our company have to pay to his sister concern at Germany in EURO for purchase of machinery and we have to receive commission in EURO.
Can we pay net i.e. after adjusting receivable with payable. If yes any intimation is required to any government agencies.
28 March 2009
You can pay Net, but it any case it will be subject to arm length Price, under TP
29 March 2009
Can you please clearify arm length price.
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