Article 30 - Termination - Vietnam

ARTICLE 30 TERMINATION This Agreement shall remain in force indefinitely but either of the Contracting States may, on or before the thirtieth day of June in any calendar year beginning after the expiration of a period of five years from the date of its entry into force, give the other Contracting State through diplomatic channels, written notice of termination and, in such event, this Agreement shall cease to have effect: (a) in India, in respect of income arising in any previous year beginning on or after the first day of April next following the calendar year in which the notice is given; (b) in Vietnam: (i) in respect of taxes withheld as source, in relation to taxable amount paid on or after 1st January following the calendar year in which the notice of termination is given; (ii) in respect of other Vietnamese taxes, in relation to income, profits or gains arising in the calendar year following the calendar year in which the notice of termination is given, and in subsequent calendar years. IN WITNESS WHEREOF the undersigned, being duly authorised thereto by their respective Governments, have signed the present Agreement. DONE in duplicate at Hanoi this 7th day of September, one thousand nine hundred and ninety-four in Hindi, Vietnamese and English languages. In case of divergence of interpretation, the English text shall prevail. For the Government of Republic of India For the Government of Socialist Republic of Vietnam Sd/- Sd/- H.E. Mr. Bhuvnesh Chaturvedi Ministry of State Illegible Ministry of Finance Prime Minister s Office [Notification No. 9758/95/F.No. 503/7/91-FTD]. V.B. SRINIVASAN, Jt. Secy.