Hi!
can anybody suggest one of my query:
Suppose A company in india has subsidiary in Dubai. This Indian company wants to open a new subsidiary in Russia and this new company will be subsidiary of Dubai company.
My quesstion is:
what will be the transfer pricing rule for Indian company, whether it can sell goods to Dubai company at transfer pricing and that company will resell to russia at their invoice price. Ultimately Russian company is Sub-subsidiary of Indian company so will there be any charge under transfer pricing rules prevailing in India