# Cross-Border Transactions under Tax Laws & FEMA book by G. Gokul Kishore,R. Subhashree

Cross-border transactions—whether it is the import and export of goods or services—are increasingly complex in today's globalised marketplace. Multiple laws and regulations come into play, including the **Income Tax Act** (_with transfer pricing, permanent establishment, withholding tax obligations, and the claim of treaty benefits_), the **Customs Act** (_covering valuation and exemptions_), the **IGST Act** (_dealing with the place of supply, export/import of services, and refunds_), and **FEMA** (_along with RBI regulations on foreign exchange and cross-border payments_). This book comprehensively brings these threads together in one place. It addresses the interplay between direct and indirect taxes and foreign exchange regulations so businesses and professionals can achieve tax efficiency while remaining compliant. It offers the latest legal amendments, relevant judicial decisions, and practical guidance that simplify each aspect of cross-border taxation and regulatory requirements.

This book is intended for the following audience:

-   **_Tax Professionals & Chartered Accountants_** – Practitioners seeking a unified source for both direct and indirect tax implications in cross-border transactions
-   **_Legal Practitioners & In-house Counsel_** – Attorneys handling cross-border trade, dispute resolution, and corporate law aspects, needing clarity on Customs, GST (IGST), Income Tax, and FEMA matters
-   **_Industry Professionals & CFOs_** – Corporate decision-makers and finance teams involved in international operations, responsible for compliance and strategic tax planning
-   **_Regulators & Adjudicating Officers_** – Government officers dealing with assessments and appellate proceedings in cross-border tax matters
-   **_Academics & Students_** – Researchers and students pursuing specialised courses in international taxation or customs law, looking for detailed coverage and interpretations of evolving legislation

The Present Publication is the 5th Edition | 2025, amended by the Finance Act 2025. This book is authored by Dr Gokul Kishore & R. Subhashree, with the following noteworthy features:

-   \[**All-in-one Reference**\] Addresses Income Tax, Customs, IGST, and FEMA/RBI regulations side-by-side for cross-border transactions involving goods or services
-   \[**Practical Insights**\] Provides industry-focused explanations on valuation, tax residency, PE creation, transfer pricing, withholding tax obligations, and foreign tax credits
-   \[**Legal Clarity**\] Discusses complex concepts like Permanent Establishment, Double Taxation Avoidance Agreements (DTAAs), Customs Valuation Rules, and GST place-of-supply with updated Finance Act 2025 amendments
-   \[**Customs & Export Promotion**\] Explains notifications, exemptions, and schemes under the new Foreign Trade Policy
-   \[**FEMA & RBI Regulations**\] Offers a dedicated chapter on cross-border currency flows, setting up branch/liaison offices in India, and compliance with RBI's Master Directions
-   \[**Dispute Resolution Mechanisms**\] Clarifies litigation and alternative dispute resolution under direct tax laws, customs law, GST, and FEMA
-   \[**Case Laws & Judicial Interpretations**\] Incorporates over 400 relevant cases, departmental circulars, and references
-   \[**Authors' Credentials**\]
    -   _Dr G. Gokul Kishore_ has 30+ years of experience in Indirect Taxes, including in the Central Excise Department and a Tier-1 law firm. He has published over 400 articles and regularly conducts training for tax officers and industry
    -   _R. Subhashree_ is an Advocate specialising in Income Tax, focusing on domestic and international taxation. She has 17 years of writing experience and has advised extensively on DTAAs, FTS, and royalty

The coverage of the book is as follows:

-   **_Customs Valuation_**
    -   Detailed commentary on Section 14, Valuation Rules, under-valuation vs. over-valuation risks, and potential adjustments when buyer-seller are related
-   **_Transfer Pricing_**
    -   Arm's length principle, selection of comparables, various methods for determining ALP, marketing intangibles, secondary adjustments, and inter-company cost-sharing
-   **_Permanent Establishment & DTAAs_**
    -   Conditions triggering PE, attribution of profits, complexities of 'agency PE,' construction PE, and using DTAAs to optimise and manage tax exposure
-   **_Withholding Obligations, Foreign Tax Credit & Tax Residency_**
    -   TDS complexities under cross-border scenarios, the interplay of treaties, claiming FTC, and residency rules
-   **_Royalty & Fees for Technical Services (FTS)_**
    -   Scope of definitions, typical controversies, and judicial rulings
-   **_Import & Export under IGST Act_**
    -   Place of supply rules, export of services, zero-rated supply, inter-branch transactions, and refund procedures
-   **_Customs Exemptions & Export Promotion Schemes_**
    -   Comprehensive guidance on notifications, general and specific exemptions, duty drawbacks, Advance Authorizations, EPCG, and other incentives
-   **_FEMA & RBI Regulations_**
    -   Setting up and operating liaison/branch offices in India, ODI/FDI regulations, receipt of export proceeds, repatriation, and cross-border structuring from a regulatory viewpoint
-   **_Dispute Resolution_**
    -   Pathways to litigation under Customs, GST, and Income Tax, appellate mechanisms, and alternative dispute resolution under direct tax law

The structure of the book is as follows:

-   **_Chapter 1 | Customs Valuation_** – Concepts, rules, and case analyses on valuation of imports and exports
-   **_Chapter 2 | Transfer Pricing_** – International transactions, associated enterprises, ALP methods, controversies, and best practices
-   **_Chapter 3 | Permanent Establishment & DTAAs_** – Conceptual framework of PE, types of PEs, DTAA provisions, and profit attribution
-   **_Chapter 4 | Withholding & Other Incomes_** – Royalty, FTS, interest, dividend, foreign tax credit, tax residency, TDS obligations
-   **_Chapter 5 | Import & Export under IGST Act_** – Place of supply rules, zero-rated supply, refunds, and compliance
-   **_Chapter 6 | Customs Exemptions & FTP Schemes_** – Comprehensive coverage of statutory exemptions, Foreign Trade Policy benefits, and procedures
-   **_Chapter 7 | Export & Import under FEMA & RBI Regulations_** – Regulatory framework for cross-border payments and establishment of foreign entities in India
-   **_Chapter 8 | Dispute Resolution_** – Statutory dispute resolution processes and forums for direct/indirect taxes, plus ADR in income tax
-   **_Subject Index & Case Index_** – Quick references for rulings and topics, ensuring easy navigation

## Details

- **Price:** 0.0 INR
- **Vendor:** Taxmann
- **Tags:** Professional Books

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> Updated: 2026-10-24