Whether furnishing of Form 15CA & 15CB is mandatory for foreign remittances for purchase of stores also????
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 02 May 2013
Rahul
(CA Practice )
(1818 Points)
Replied 02 May 2013
Form 15CB is required for A2 remmitance only, and imports made in your case is covered by A 1 remmitance.
Nitin Jain
(Student Others)
(29 Points)
Replied 11 July 2013
Hi,
Can you please tell if forms 15CA, 15CB would be required to pay about 36000 dollars for a year to a university abroad via Demand Draft or Telegraphic Transfer. Please reply immediately.
Thanks.
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