While businesses are growing all over the world, the cross border transaction between related companies has also become a fact of life. Still, the revenue authorities scrutinize such transactions for their conformity with transfer pricing laws. At SellersBuzz, Transfer Pricing Audits are provided with deeper analysis, which makes your business truly compliant with the laws of India and ensures international transactions undertaken by you at arm’s length.

Understanding Transfer Pricing in India

Since India opened its economy in 1991, India has become a vital location for international business. More foreign investment and trade between countries have made transfer pricing a big challenge for Indian tax officials.

This is especially true for multinational corporations (MNCs) with operations in multiple jurisdictions. India introduced Transfer Pricing Regulations (TPR) in 2001 to ensure fair taxation and prevent profit shifting through manipulated transaction prices.

Transfer pricing laws require businesses to maintain records of all international transactions with related parties and calculate income based on an “arm’s length price.” This ensures that the pricing of goods, services, or intangible assets between related companies mirrors market conditions and does not erode the Indian tax base.

Key Aspects of Transfer Pricing Regulations

• Arm’s Length Principle: All cross border transactions between related entities must have prices that are the same as if they were done between unrelated parties in an open market.
• Documentation requirement: The entities entering cross border transactions shall keep proper documentation related to pricing methodology and transactional data and file an annual report in Form 3CEB.
• Methods of Transfer Pricing: Depending on the nature of the transaction, different methods such as the Resale Price Method, Cost Plus Method, Comparable Uncontrolled Price (CUP) Method, and Transactional Net Margin Method (TNMM) may be applied to determine the arm’s length price.

Our Transfer Pricing Services

SellersBuzz offers exclusive Transfer Pricing services to guide you through the labyrinth of Indian Transfer Pricing Rules and enhance your business. We provide the following services:

• Transfer Pricing Audit: We look closely at your international transactions to make sure they follow Indian transfer pricing laws.  Our audit identifies mistakes and helps you avoid potential penalties.
• Transfer Pricing Study: A detailed study is carried out in your cross border transaction for the optimum determination of the best pricing method for your business. This is an important study to protect your pricing policy in audits and ensure compliance with both local and global tax laws.
• Documents and Reporting: We help with the production and maintenance of relevant transfer pricing documents to ensure compliance with requirements. This involves submitting Form 3CEB before the deadline for filing the annual income tax return.
• Litigation Support: We provide specialist assistance and, when necessary, counsel for your transfer pricing regulations before the taxing authority.

Why Choose SellersBuzz for Transfer Pricing Audits?

• Custommade Solution: Every business is different. Our transfer pricing solutions are crafted to meet your company’s goals in consideration of industry norms and global activities. Whether you are part of a large international group or a growing smaller business, we can help your business find the best way to reduce risks and improve its tax efficiency.
• Expertise Across Jurisdictions: Our experts bring deep experience in Indian transfer pricing regulations and substantial knowledge of international taxation laws to the table that will help keep your international operations compliant and optimized with both local and foreign taxes. Our transfer pricing audit precisely focuses on what your business does, the risks it carries, and its financial transactions. We look at local and global data to compare your price with prices of similar companies in your industry.
• Full Support: We fully support the transfer price process, from planning to the final report. We work hard to make compliance easy while helping you avoid costly disputes and fines.

Our Transfer Pricing Process

1. Firstly, we carefully look at your business activities and the type of international transactions you enter into.
2. Selection of Method: We consider your transactions and industry and determine which transfer pricing method applies best to your business.
3. Benchmarking: It checks public databases for industrial benchmark prices against your prices and aligns your prices with the rules of fair pricing.
4. Recordkeeping: We prepare and maintain books of account in compliance with statutory requirements in India, prepare, and file Form 3CEB with the concerned authorities.
5. Support & Defense: Our experts will provide full support in cases of audit or legal issues, which allows your transfer pricing processes to easily undergo checks.

Industries We Serve

SellersBuzz has worked in a number of areas like technology, medicine, manufacturing, and services. We understand the different challenges each sector faces in dealing with international transactions and hence offer customized solutions to meet your needs. 

Work with SellersBuzz for Transfer Pricing Solutions

Transfer pricing is not only about compliance with rules and regulations but also enhancing your business globally in a manner to achieve more efficiencies and better yields. At SellersBuzz, we provide comprehensive transfer pricing services to assist you in ensuring legal compliance and reducing risks. Let us help you manage the challenges of transfer pricing in India and other places.