Which documents are required to sell to India?
According to s. 90(4) Income Tax Act, Indian buyer has the right to request the seller to show a Tax Residency Certificate. Tax Residency Certificate is issued by national tax bureaus of the country of origin of the company or individual. However, there are requirements that the Indian government made of a Tax Residency Certificate:
- Name of the assessee;
- Status (individual, company. firm and etc);
- Nationality (in case of individual);
- Country or specified territory of incorporation or registration;
- Assessee’s tax identification number in the country or specified territory of residence;
- Residential status for the purposes of tax;
- Period for which the certificate is applicable; and
- Address of the applicant for the period for which the certificate is applicable.
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