TaxTMI 
TaxTMI 
Implementation of the recommendations of the Joint Working Group on Transfer Pricing, comprising officers from Income Tax and Customs – regarding
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....0/2007-Customs F.No.467/87/2006-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 Co....
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....Pricing' issue is absolutely essential. The coordination 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....
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....bsp; For this purpose, an officer from DGOV and an officer from DTP may be designated as the Nodal officers 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)&....
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....e forgoing recommendations made by the Joint Working Group. Accordingly, the following steps will have to be taken by the concerned officers with immediate effect: (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 (Inte....