India's Central Board of Direct Taxes has announced a new safe harbor regime, which replaces the regime issued in 2013. The revised safe harbor regime, which is optional for taxpayers, provides threshold margins, mark-ups, and rates for certain transactions with foreign associated enterprises, including a new category for the receipt of low value-adding intra-group services.
Safe Harbor for Receipt of Low Value-Adding Services
With respect to the receipt of low value-adding services, a saf…