Section

Nestle India to pay royalty at 4.5% to Swiss parent

By Economic Times - 5 months ago
The current royalty licence fee remains at 4.5%, net of taxes, under the existing General Licence Agreements with the Swiss parent, who is the licensor. Nestle India stated that the board's approval for the royalty rate will be reviewed every five years, in line with regulatory requirements.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.