TDS
This query is : Resolved
01 November 2009
For issuing form 15cb what exchange rate is to be used, exchange rate as on the date of invoice or on the date of remittence?
Kindly let me know as it is very urgent?
Kindly let me know as it is very urgent?
01 November 2009
Exchange rate on the date of remittance.
01 November 2009
Dear Sir,
Thank you very much for your prompt reply. but i still have a doubt. Does it mean that the certificate from CA is to be obtained on the date of remittance itself and not prior to that as how is it possible to know what is the exchange rate on a future remittance date.
Thank you very much for your prompt reply. but i still have a doubt. Does it mean that the certificate from CA is to be obtained on the date of remittance itself and not prior to that as how is it possible to know what is the exchange rate on a future remittance date.
01 November 2009
Dear Sir,
Thank you very much for your prompt reply. but i still have a doubt. Does it mean that the certificate from CA is to be obtained on the date of remittance itself and not prior to that as how is it possible to know what is the exchange rate on a future remittance date.
Thank you very much for your prompt reply. but i still have a doubt. Does it mean that the certificate from CA is to be obtained on the date of remittance itself and not prior to that as how is it possible to know what is the exchange rate on a future remittance date.
01 November 2009
When CA is issuing certificate he will issue taking into consideration the rate as on the date of issuing certificate with a word approximately (500usd=500*50=2500). When you are making the payment it may be 49 or 51 there is no problem. And he will mention in his certificate propable date of payment in between 1st and 7th of november.(like this).
01 November 2009
agree
04 November 2009
Agreed
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