15ca/15cb


(Guest)

As per rule 37BB

1. 15CB certificate is taken from CA.

2. On the basis of above said certificate form 15CA is filled online and requiste receipts are generated and signed by person authorized to sign ITR.

3. Then both 15CA/15CB are submitted to bank and only after that bank makes requested payment

Query is

Generally 15CA/15CB certificates are taken one or two days prior to actual date of payment. This is due to some practical reasons such as availability of CA and of authorized signatories etc. So there is always some difference in dollar conversion rate on the date of 15CA/CB certificates and dollar rate on actual date of payment.  So in the above scenario amount in INR mentioned in 15CA/CB is somewhat different from amount in INR actually remitted. All other particulars remaining the same.

Is it above shall be construed as wrong submission of data in 15CA/15CB.

Does it makes any difference if remittances are made regarding import of material.