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foreign remittance 15cb

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2011 Dear experts

We generally issue form 15CB, for foreign remittance after TDS.
NRI wants to remit from his local account to foreing account, its only a transfer, not liable for any tax or tds.

What to metion in 15CB -pupose/ tax.

kindly advice me
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sai swaroop munaga

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sai swaroop munaga (Expert)
26 May 2011 Dear Friends,

Form 15CB is for certificate of CA stating the correctness of the international transaction. So, Take the Form 15CB stating the full details by showing the TDS rate as 0.00 %.

It is compulsory for the Foreign Payments
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