Rules for 15ca

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Akshit (Querist)
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17 June 2013 There is XYZ company which receives amount in different currencies(EUR,AUD,GBP,etc)from its subsidiaries and and invoice are also in these currencies (EUR,AUD,GBP) makes payment on there behalf after converting them in USD. My query is which currency should be mentioned in 15CA- the currency which it receives (EUR,GBP,AUD,etc) or the currency in which it makes final payment(USD).

CA Kapil Verma

CA Kapil Verma (Expert)
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17 June 2013 15 CA is payment so mention USD

Akshit

Akshit (Querist)
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17 June 2013 can you provide me the rule/section where it is written??
As if the company receives 3 invoices in different currencies(EUR,GBP,AUD) and makes payment in USD. Can a single 15CA be made for this by clubbing the amount??

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