Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
ARTICLE 30
Entry into Force
(1) The Contracting States shall notify each other in writing, through diplomatic channels, the completion of the procedure required by the respective laws for the entry into force of this Convention.
(2) The Convention shall enter into force on the date of the later of the notifications referred to in paragraph (1) of this Article and its provisions shall have effect:
- (1) in Serbia and Montenegro:
- (i) in respect of the taxes on income derived and the taxes on capital owned in each fiscal year beginning on or after 1 January in the calendar year next following the year in which this Convention enters into force;
- (2) in India:
- (i) in respect of the taxes on income derived and the taxes on capital owned in each fiscal year beginning on or after 1 April in the calendar year, next following the year in which this Convention enters into force.