Group Cos trading among themselves

Jayanta Bandyopadhyay (229 Points)

10 September 2022  

There are 2 group cos having separate gstin and IEC but same address..( ref Geo tagging).

Co A sells to Co B , who in turn exports.

Understand this is a part of tax planning.

Kindly guide me about logic, rationale, legal compliance issue.Both cos are having the same Board of Directors.

Thanks