Form 15 CB

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Whether Certificate from CA in form 15 CB needs to be taken only in respect of taxable remittance or every remittance?

Replies (13)

It is to be taken for every remittance made to a non-resident, not being a company, or remitaance made to a foreign company.

 

Read rule 37BB

In 15CB there is a point for payment toward supply of  article or things (e.g. plant,equipments) but in form 15 CA in the field nature of remittance option regarding such payment does not exists and the field is mandatory field.How  should I proceed ?

In Form 15CA, write the nature of remittance as per the agreement or the invoice.For eg:- fees fro technical services, reimbursement of expenses,payments towards training expenses of the employees, payment towards purchase of fixed assets etc as the case may be with you.

 

In form 15CB, if it is supply of articles or things (plant ,equipments), then write yes otherwise write no.

It is an e-form and in NSDL site we should select from the given option and we cannot write ourself.

So raj, your remittance must be falling under some head mentioned in the drop down list in FORM 15CA. select that one.

it is for the purchase of machinery and does not fall in any of the head in the drop down list.

Raj,

In form 15CA just below the "Nature of remittance as per agreement/ document " you will find "In case of Other Income please mention nature of remittance".fill this part and try uploading it.

 this is where the problem lies,i have not been able to activate that field..

Raj,

Sorry.even i was nt able to activate the feild.

Even Raj is Correct..

 

Even i have also face a similar problem... some nature of remittance is not in the drop list.

I proceed it by selecting other Income option & in Descripttion i write a nature on my own......

If you have to write on your own you write trade remittance if it is a payment for imports against form A1. Normally TDS is on FTS and Royalty in case of machines and software even if there is no Branch or DAPE.

hi

can anyone guide me on detailed procedures, Rules and laws or any material related to certificate of 15 CB

Dear Sir,

 

I need FORM CB in word format. If it is avilable please send it my email id arup-accounts @ carecontainerlines.net.

Thanks& Rgds,

Arup Kumar Singha


CCI Pro

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