NR not liable to tax on offshore supplies if goods were transferred & sale was executed outside India

IT/ILT: Where assessee, an Australians company, entered into an agreement with ONGC terms of which included offshore supply of products/equipment, in view of fact that property in goods were transferred by assessee to ONGC outside India and entire sale was executed outside India, revenue received by assessee therefrom could not be taxed in India

from www.taxmann.com Latest Case Laws https://ift.tt/2wnI756