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No.6/4/118/2010BETDG Government of India Ministry of New and Renewable Energy (Bio Energy and Technology Development Group) Block No.14 CGO Complex, Lodi Road, New Delhi 110003 Dated: 12.11.2010 To
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The acronym afstp stands for Advance Pricing and Mutual Agreement (APMA) function under the Ministry of Finance.
Multinational companies engaged in cross-border transactions are required to file afstp under the Ministry of Finance.
Afstp should be filled out online by providing details of cross-border transactions, transfer pricing policies, and other relevant information.
The purpose of afstp is to ensure that multinational companies comply with transfer pricing regulations and to facilitate advance pricing agreements and mutual agreements.
Information on cross-border transactions, transfer pricing policies, and financial data must be reported on afstp under the Ministry of Finance.
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