Declaration for sending money abroad
(On Foreign Beneficiary’s Letter head)
To
M/s __________________ India Limited
INDIA
This is to confirm the following:
1. That we are a Company / LLC / Partnership Firm registered at …………………. (full address) and are a tax resident of …………………… (country name) . Our principal place of business is at ……………………………… (country name) . A copy of our incorporation certificate is attached herewith (or any other proof of being foreign resident ,if shared by them)
2. We are not having any Permanent Establishment or liaison office in India or any business connection in India.
3. We confirm that the transactions with M/s ___________________India Limited are in the nature of sale of goods and no part of the transaction is in the nature of any service. These transactions are subject to Income Tax in our country of residence.
4. In view of the above, no income accrues or arises in India in respect of the aforesaid transactions with ______________________ India Limited and are therefore not chargeable to Income Tax in India.
For XYZ
Authorised Signatory
Date:
Place:
To
M/s __________________ India Limited
INDIA
This is to confirm the following:
1. That we are a Company / LLC / Partnership Firm registered at …………………. (full address) and are a tax resident of …………………… (country name) . Our principal place of business is at ……………………………… (country name) . A copy of our incorporation certificate is attached herewith (or any other proof of being foreign resident ,if shared by them)
2. We are not having any Permanent Establishment or liaison office in India or any business connection in India.
3. We confirm that the transactions with M/s ___________________India Limited are in the nature of sale of goods and no part of the transaction is in the nature of any service. These transactions are subject to Income Tax in our country of residence.
4. In view of the above, no income accrues or arises in India in respect of the aforesaid transactions with ______________________ India Limited and are therefore not chargeable to Income Tax in India.
For XYZ
Authorised Signatory
Date:
Place:
