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Search date: 16-08-2025 Return to current date: Click here

Curbing the over and under invoicing

Over and under-pricing of goods is very common in the business world. This illegal practice takes place between related parties having mutual self-interest. Importers and exporters having control, influence, and ownership on each other are the related parties. On the contrary, a fair price known as arm's length price (ALP)...

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