30 June 2015
Dear sirs, I have a company (client) which is making payments to non resident companies for import purchases. Recently bank has asked it to produce form:15CA and CB for further processing of payments.Now my doubt is what are implications(which section chargable and how much percentage to charge) of TDS of import purchases and how it can be shown in Form:15CA or CB? Thanks in advance...!
30 June 2015
Thanks for reply seetharaman sir. Can you please tell me under which section these import purchases are not chargable with TDS so that I refer it to my client.