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Form 15CA & 15CB Validity Period

03 March 2023

Can Banker denied to Process Payment against FORM 15CA/CB issued after 30days by contemplating that it is not valid for processing after 30 days for outward remittance to NRI/Foreign Company.

Is it True?

Can anybody share circular if any for such limit.

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2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193690 Points)
Replied 03 March 2023

No time limit is prescribed for filing these forms. However, it should be filed before the remittance is made.

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Roodita Gaikwad (Practice) (4395 Points)
Replied 22 April 2025

There is no official circular or notification from the Income Tax Department or RBI that prescribes a 30-day validity period for Form 15CA/15CB. However, some banks may have internal compliance policies that require remittance to be made within a certain timeframe from the date of CA certification, commonly 30 days, to ensure that the data reflects recent transaction intent.

This practice may vary between banks, and if rejected, you can:

Request your CA to re-issue an updated 15CB,
File a new 15CA with reference to the updated 15CB,
Clarify the requirement directly with the bank’s compliance officer.

For frequent or bulk remittances, our Excel-based utility helps you generate Form 15CA/15CB XML files in bulk, saving time and helping you stay within such time-sensitive limits.