HI FRNDS,
CAN U TEL ME THE AREAS OR SPECIAL PROCEDURES TO BE FOLLOWED WHILE PURCHASING AND SELLING GOODS BY A SUBSIDIARY COMPANY, FROM HOLDING COMPANY AND VICE VERSA?
AND CAN A COMPANY SELL TO ITS SUBSIDIARY OR HOLDING COMPANY, AT TIS COST?
EXPECTING YOUR REPLY...
Sale and Purchase of Goods / Services can be done through execution of "Sourcing and Supplying Agreement" between Holding & Subsidiary Company and vice versa.
Regards
Vinod Saraf
K SIR,
CAN U EXPLAIN IN DETAIL, WAT THAT AGREEMENT EXACTLY IS ? AND WHETHER SALEST TAX HAS TO BE PAID ON SALES TO SUBSIDIARY OR HOLDING COMPANY?
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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