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    <description>Implementation requires formalised cooperation on transfer pricing via a two-tier structure: bi-monthly regional meetings at four metros with minutes to Director General (International Taxation) and Director General (Valuation), and six-monthly central meetings among senior directors and Chief Commissioners with escalation to Board level when required. Case-specific information exchange on a need-to-know basis is to be coordinated by designated nodal officers in each metro. National training academies will develop joint training and seminar-workshop programmes to familiarise Customs and Income Tax officers with respective transfer pricing and customs valuation treatments.</description>
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