In an international trade transaction, there is a time lag between the transfer of goods by the exporter to the importer, and transfer of payment by the importer to exporter. To protect both parties from counter-party risk, a number of documents are created and used. These are listed below: 1. Bill of Exchange 2. Bill of Lading 3. Letter of [...]
In this article we will discuss about:- 1. Meaning of Transfer Pricing 2. Transfer Pricing in India 3. Transfer Pricing Methods 4. Case Study on Tarragon Chemicals and Transfer Pricing. Meaning of Transfer Pricing: Transfer price is the price at which two related parties undertake a commercial transaction between each other. The related parties are called associated enterprises. So, transfer [...]
After reading this essay you will learn about:- 1. Formation of Cartels 2. Factors Conductive For Cartel Formation 3. Operations of the Cartel 4. Factors which Indicate the Cartel Presence. Formation of Cartels: The trading blocks and product associations and commissions are legal entities with written constitution and code of conduct for the member countries/industries. They have physical presence in [...]