Form 3ceb applicability for foreign transactions..??

 

 

Dear all,

 

Suppose X pvt ltd company of india purchase raw material from various abroad companies. There is no relationship between X pvt ltd and foreign company. Do the Company need to file Form 3CEB along with annual returns.

 

Thanks all

ashish

lahoti.ashish3 @ gmail.com

Replies (2)

NO NOT AT ALL...BECAUSE IN THIS CASE THE FOREIGN COS. ARE NOT ASSOCIATED ENTERPRISE  OF X LTD. AS PER SEC 92A OF IT ACT....

Thanks Saurabh Maheshwari ji for your quick reply, it resolved my confusion.

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