Part DCASafe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC )
Tax at source exemption for Government, diplomatic missions and notified UN institutions under the buyer exclusion rule. Rule 37CB carves out specified classes of buyers from the operation of section 206C(1D) in relation to sales of goods other than bullion or jewellery, and ... Summary
Tax at source exemption for Government, diplomatic missions and notified UN institutions under the buyer exclusion rule.
Rule 37CB carves out specified classes of buyers from the operation of section 206C(1D) in relation to sales of goods other than bullion or jewellery, and the provision of services. The excluded buyers are Government, diplomatic missions and trade representations of foreign States, and institutions notified under the United Nations (Privileges and Immunities) Act, 1947. It functions as an exemption from the collection of tax at source mechanism for those categories.
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