TNMM is most appropriate Method for international sale of finished goods

DCIT Vs Ampacet Speciality Products Private Limited (ITAT Pune)

ITAT Pune held that in view of huge quantitative differences, Comparable Uncontrolled Price (CUP) method cannot be applied. Hence, Transactional Net Margin Method (TNMM) is applicable in respect of international transaction of ‘Sale of Finished Goods’.

Facts- The assessee is a domestic company engaged in the manufacturing of colour concentrates and additive masterbatches. In addition, it is also engaged in

Please become a Premium member. If you are already a Premium member, login here to access the full content.