Royalties

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..... the beneficial owner of the royalties the tax so charged shall not exceed 1 [ 10 per cent ] of gross amount of the royalties. 3. The term royalties as used in this Article means payments of any kind, received as a consideration for the use of, or the right to use, any copyright of literary, artistic or scientific work, including cinematograph films, or films or tapes used for radio or t .....

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..... he provisions of Article 7 or Article 15, as the case may be, shall apply. 5. Royalties shall be deemed to arise in a Contracting State when the payer is that State itself, a political sub-division, a local authority or a resident of that State. Where, however, the person paying the royalties whether he is a resident of a Contracting State or not has in a Contracting State a permanent estab .....

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..... xable according to the laws of each Contracting State, due regard being had to the other provisions of this Agreement. --------------------- Notes:- 1. Substituted vide Notification No. 49/2012, dated 07-11-2012 , before it was read as:- "15 per cent - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - .....

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