Brief: BASF India Updates on Advance Pricing Agreement With Central Board of Direct Taxes

BASF India

20/07/2023 14:53

July 20 (Reuters) - BASF India Ltd  BASF.NS :
    * UPDATE ON ADVANCE PRICING AGREEMENT WITH CENTRAL BOARD OF
DIRECT
TAXES FOR PERIOD FY 2011-12 TO FY 2019-20
    * CBDT HAS SUBSTANTIALLY ACCEPTED CO'S POSITION OF CSA
CHARGES
BEING AT ARM'S LENGTH
    * APA SIGNED BETWEEN CO, CBDT LEADING TO SETTLEMENT OF
OUTSTANDING
LITIGATIONS IN RESPECT OF CSA CHARGES

Source text for Eikon:  ID:nNSE6vfQTD 
Further company coverage:  BASF.NS 

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