According to tax experts’ assessments of the GST implementation, the old issue of transfer pricing has the potential to shake the system in the future. The goods and services tax (GST) was implemented with the goal of creating “one nation, one tax,” and it is the country’s largest indirect tax reform in history.
Transfer pricing is all about determining the nature, treatment and taxability of intra-group transactions across several geographies. The transaction is put to test by the determination of arm’s length price of the transaction as per the prescribed transfer pricing methodologies.
We at VJM & Associates LLP, have a long-standing experience in the field of international transfer pricing, transactions structuring and transfer pricing compliances. We can demonstrate and present the right mix of global perspective and insights with that of the Indian transfer pricing regulations and the practical approach followed by the Indian transfer pricing authorities. We have helped clientele design suitable transfer pricing policies, execute complex transactions and obtain global tax optimisation through transaction structuring.