Globex Holdings Keys to Investment: India | Page 7

Glossary

Abbreviations Full Form
ACD
Additional Custom Duty
ALP
Arm ’ s Length Price
AoA
Articles of Association
BCD
Basic Custom Duty
BTP
Bio-Technology Parks
CCI
Competition Commission of India
CST
Central Sales Tax
DDT
Dividend Distribution Tax
DGFT
Directorate General of Foreign Trade .
DIN
Director Identification Number
DIP
Disclosure and Investor Protection
DSC
Digital Signature Certificate
DTA
Domestic Tariff Area
DTAA
Double Taxation Avoidance Agreement
EHTP
Electronics Hardware Technology Parks
EOU
Export Oriented Units
EPZ
Export Processing Zones
FBT
Fringe Benefit Tax
FDI
Foreign Direct Investment
FEMA
Foreign Exchange Management Act
FII
Foreign Institutional Investor
FIPB
Foreign Investment Promotion Board
FTS
Fee for Technical Services
GAAP
Generally Accepted Accounting Principles
GDP
Gross Domestic Product
GST
Goods and Service Tax
IAS
Indian Administrative Service
IMF
International Monetary Fund
INR
Indian Rupee
PR
Intellectual Property Right
ITI
Industrial Training Institute
JV
Joint Venture
MAT
Minimum Alternate Tax
MoA
Memorandum of Association
MRTP
Monopolies and Restrictive Trade Practices Act , 1969
NIC
National Industrial Classification
NOC
No Objection Certificate
NOR
Not Ordinarily Resident
NRI
Non-Resident Indian
PAB
Project Approval Board
PE
Permanent Establishment
PPP
Purchasing Power Parity
PSM
Profit Split Method
RBI
Reserve Bank of India
ROC
Registrar of Companies
Rs
Rupees
SAD
Special Additional Duty
SEBI
Securities and Exchange Board of India
SEZ
Special Economic Zone
SIA
Secretariat for Industrial Assistance
STP
Software Technology Park
USD
US Dollar *
VAT
Value Added Tax
WOS
Wholly Owned Subsidiary
WPI
Wholesale Price Index
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*( 1 USD = 54.48 INR )