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TMI BlogFurnishing application for Advance Pricing Agreement (APA) [ Rule 10I ]X X X X Extracts X X X X X X X X Extracts X X X X ..... es payable shall be in accordance with following table based on the amount of international transaction entered into or proposed to be undertaken in respect of which the agreement is proposed:- [ Rule 10I(5) ] Amount of international transaction entered into or proposed to be undertaken in respect of which agreement is proposed during the proposed period of agreement. Fee Amount not exceeding & ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ication to whom furnished [ Rule 10I(2) ] * In case of unilateral APA, the application is required to be furnished in triplicate to the Director General of Income Tax (International Taxation) and * In case of bilateral/multilateral APA, the application is required to be furnished in triplicate to the competent authority of India, i.e. Joint Secretary (FT&TR-I) in the Ministry of Finance. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... * if the international transaction is the one which the applicant has not yet undertaken, the application may be filed before undertaking such transaction. * For example, if the applicant is going to purchase some raw material from its foreign associate for the first time starting from 1st December 2012 and the application is made before 1st December 2012, the applicant has a choice to inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... proper authorization from the applicant. * Serial no. 13 requires multinational structure, organizational arrangement, operation set-up, including major transaction flows. It will be useful if this information is presented in the form of now chart/ diagram. * Serial no. 17 requires detailed functional analysis of the applicant and all relevant entities with respect to the covered transact ..... X X X X Extracts X X X X X X X X Extracts X X X X
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