Pre-filing consultation. — (1) [Any] person proposing to enter into an agreement under these rules [may], by an application in writing, make a request for a pre-filing consultation.
(2) The request for pre-filing consultation shall be made in Form No. 3CEC to the Director General of Income-tax (International Taxation).
(3) On receipt of the request in Form No. 3CEC, the team shall hold pre-filing consultation with the person referred to in rule 10G.
(4) The competent authority in India or his representative shall be associated in pre-filing consultation involving bilateral or multilateral agreement.
(5) The pre-filing consultation shall, among other things,—
(i) | determine the scope of the agreement; | |
(ii) | identify transfer pricing issues; | |
(iii) | determine the suitability of international transaction for the agreement; | |
(iv) | discuss broad terms of the agreement. |
(6) The pre-filing consultation shall—
(i) | not bind the Board or the person to enter into an agreement or initiate the agreement process; | |
(ii) | not be deemed to mean that the person has applied for entering into an agreement |