Withholding tax
This query is : Open
17 August 2012
whether withholding tax is applicable when we take buyers credit offer letter from HSBC BANK INDIA. PLEASE CLARIFY
17 August 2012
yes withholding tax is applicable subject to DTTA,
wHICH FOREIGN BRANCH OF HSBC BANK YOU HAVE TAKE BUYERS CREDIT?
wHICH FOREIGN BRANCH OF HSBC BANK YOU HAVE TAKE BUYERS CREDIT?
17 August 2012
HSBC, MAURITIUS BRANCH
17 August 2012
Current rate of withholding tax is 20%
17 August 2012
% is o.k. but it not applicable when buyers credit lending is from HSBC, MAURITIUS BECAUSE WE HAVE DTAA WITH MAURITIUS. PLEASE INFORM IS THIS O.K.
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