Company code withholding tax master record information ???

Hello,
Good morning
What is meant by company code withholding tax master record information. Can we assign an WHT exemption code here ?? If so, what is the purpose for creating that code for our company code and exempting here ?? please make this clear.
Thanking you,
Suresh 

hi,
WHT codes are defined at country level. For country u can define codes which u have to assign to company code.
Exemption notification As per Indian IT Act means special grant by notification to assesee for deducting TDS at lower or nil rate for period specified in that notification. Exemption code is defined to reflect the same.
U cannot assign exemption code to WHT Code as it is defined at client level and as per above paragraph exemption notification is party specific.

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