Payment back to a buyer

Dear Narendra,

Your bank is asking for Form 15CA and Form 15CB. this is the form in which you have get a certification from Chartered Accountant that you have complied the TDS provision u/s 195 that is applicable on payment to Non Resident. As you are sending payment back to buyer on which no TDS is applicable. you have to get certify form 15CA and Form 15CB from a CA that this payment does not come under the perview of TDS. And these forms are to be mandatory to be submitted while making payment to Non Resident person.

Regds