15ca 15cb required or not
This query is : Resolved
17 January 2019
Hi, If I am issuing a Bank Guarantee (BG) to a foreign customer through my local bank (Canara Bank) and a Bank (Standard Chartered - SCB) outside India (Bangladesh) advising the BG to customer, SCB's advising charges in FC to be remitted by my local bank to foreign bank which will be charged to me. so for remittance of advising charges in USD do I need 15CA & 15CB?
17 January 2019
For this 15CA and 15CB not required
17 January 2019
Thank you Sir for your reply. Can you help to make me understand the specific reason for the same also please help by quoting any circular or notification reference.
Thank you in advance for your help.
Thank you in advance for your help.
17 January 2019
This being bank charges payment, such forms not required your banker will not ask for it.
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