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Section 195

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Querist : Anonymous (Querist)
27 July 2015 Whether provisions of section 195 are applicable in respect of payments to foreign co's against supply of raw materials as well against purchase of plant machinery , spare parts etc
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CA John Abraham Austin ACA

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CA John Abraham Austin ACA (Expert)
27 July 2015 For purchases, it is not applicable.
However, you will have to file Form 15CA & Form 15CB while making the remittance.

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