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Nov 26, 2018 at 08:54 AM

Withholding tax Minimum base amount Vs Exemption Threshold in TAN Exemption for India/CIN


Dear Experts,

Can you please share some knowledge on below 3 fields, in case of TAN based withholding tax Exemption (India) is activated for Vendor ...

  1. Minimum Base amount in Withholding tax code : I understand this, in standard if the base amount corssing to the amount entered system will calculate WHT for entire amount
  • Vendor master data : CIN details -> TAN Exemption Tab :

2.Exem Rate?

3.Exem Threshold?

I have read list of blogs in SCN and also OSS notes on TAN based exemption process, but still missing how does above fields work