Dear All,
We have received a debit note from a foreign Company from which we have imported some material, due to financial problem the container was not timely get relasesed from the port .In this regard the sender company (Foreign Company) has debit us by Rs. 1000.00 USD
When we go to the Bank it has asked for the Form-15CB from CA.
We have got the Certificate from CA as indicating the TDS 15 % on 1000 USD
On the basisc of Form 15 CB, we have made a covering letter to Bank writing as to Remitted 1000.00 USD to the party.
Banker has without seen the 15 CB remitted the whole amount without deducted the TDS which was mentioned in the 15 CB certificate...
Pls let me confirm the remedy available to us regarding
Such excess payment without deducting TDS,
The Banker liability
How TDS is to be deposited by us even thou it is not deducted,
What about 15CA which we have filled electronically.
Pls suggest me quickly it is very urgent....
Regards
Sanjay Dwivedi
CAclubindia
