Foreign remittance

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Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2012 Is it compulsory to get the Form 15CA/CB for import of Raw materials or Machinery?

CA Navin Jain

CA Navin Jain (Expert)
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12 September 2012 obtain the form 15CB while making the foreign remittance.

Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2012 This is the replied which is confusing me...Kindly explain in detail.

These are form is applicable vide circular no 4/2009 dt 29-6-2009.

This is applicable u/s 195 and 195 is for TDS on services. on purchase or import of material sec 195 is not applicable so these forms will also not applicable. (Only A-2 is sufficient)

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CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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15 September 2012 For Foreign Remittances Form 15CA and 15 CB is required.

Form 15 Ca is obtained from CA
and after obtaining that form 15CB is filed in NSDL site

For any kind of Remittance Forms need to be filed

CA Navin Jain

CA Navin Jain (Expert)
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15 September 2012 yes, form 15cb is requried when any sum payable to outside india

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