Implementation of the recommendations of the Joint Working Group on Transfer Pricing, comprising officers from Income Tax and Customs – regarding

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..... 7/87/2006-Cus.V (Pt.I) Government of India Ministry of Finance Department of Revenue CBEC New Delhi, 8 th May 2007 To All Chief Commissioners of Customs, All Chief Commissioners of Central Excise, All Director Generals/Chief Departmental Representatives, CESTAT, All Commissioners of Customs, All Commissioners of Central Excise and All Commissioner .....

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..... dination should be at two tiers. In the first tier, there could be bi-monthly meetings at the regional level at each of the 4 metros, where Custom Houses with Special Valuation Branch (SVB) are located. These are Delhi, Mumbai, Chennai and Kolkata. From Customs side, the Regional office of the DGOV and from the Income Tax side the Regional Office of the Directorate of Transfer Pricing (DTP) may .....

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..... fficers from the two departments at each of the four metro cities. viz. Delhi, Mumbai, Chennai and Kolkata. The field officers from the two Departments will make available the respective data-base relating to Related Party/Associated Enterprises to each other on 'need to know' basis, . (c) There is a need to have training programmes for the officers handling transfer pricing matters in Income .....

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..... ffect: (i) Bi-monthly meetings at the regional level at Delhi, Mumbai, Chennai and Kolkata should be held, as recommended in foregoing para 1(a). Minutes of the bi-monthly meetings shall be forwarded to the Director General (International Taxation) and the Director General (Valuation). The two Directors Generals will ensure that the meetings are conducted as per the recommendations of the Join .....

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..... egoing para (c). (iv) Exchange of information in specific cases should be done and Nodal officers from the two departments be nominated as recommended in foregoing para 1(b). Yours faithfully, (S.P.RAO) Under Secretary to the Government of India - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - ta .....

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