Also we require the following information to process the payment
This transaction is covered under Indo-Thailand DTAA. In order to release payment we require to complete tax compliance under International taxation, we require the following details/documents:
a) Copy of Tax residency certificate to be obtained by the Vendor from Thailand Income Tax Authorities, stating that for the year commencing 01-04-2014 and ending on 31-03-2015, the Vendor is a tax resident of Thailand and is eligible for the beneficial provisions of DTAA’s entered into by the Government of Thailand with India;
b) Declaration in Form 10F by the Vendor, copy of form enclosed;
c) A self-declaration from the Vendor on its letter head stating that for the year commencing 01-04-2014 and ending on 31-03-2015, the Vendor does not have any Permanent Establishment in India. Format of the certificate enclosed