Filing of Form 15CA
✅ Services Covered:
- 🌏 Understanding the Forex Transaction: Comprehensive understanding of the forex transaction.
- 📄 Filing of Form 15CA: Filing on the Government website.
- 📋 Expert Assistance: Assistance to get Form 15CB certificate.
🎯 Who Should Buy:
- 🧾 Any person making a remittance (a payment) to a Non Resident or a Foreign Company, including Banks.
- 💰 For remittances up to Rs. 1 Lac only.
📝 How it’s Done:
- 💳 Purchase the Plan: Choose our comprehensive package.
- 📤 Submit Documents: Submission of required documents.
- 📄 Filing of Form 15CA: We handle the filing process.
📄 Documents to be Submitted:
- ✅ The documents needed will depend on the service required. Our experts will communicate these based on your requirements.
❓ FAQs:
❓ Do individuals have to furnish Form 15CA and 15CB?
Form 15CA and 15CB will not be required to be furnished by an individual for remittance which does not require RBI approval.
❓ Where is Form 15CA and 15CB not needed?
Under rule 37BB, the following items do not need Form 15CA and 15CB:
- Indian investment abroad in equity capital (shares)
- Indian investment abroad in debt securities
- Indian investment abroad in branches and wholly-owned subsidiaries
- Indian investment abroad in subsidiaries and associates
- Indian investment abroad in real estate
- Loans extended to Non-Residents
- Advance payment against imports
- Payment towards imports for settlement of invoice
- Imports by diplomatic missions
- Intermediary trade
- Imports below Rs.5,00,000 (For use by ECD offices)
- Payment for operating expenses of Indian shipping companies operating abroad
- Operating expenses of Indian Airlines companies operating abroad
- Booking of passages abroad for Airlines companies
- Remittance towards business travel
- Travel under basic travel quota (BTQ)
- Travel for pilgrimage
- Travel for medical treatment
- Travel for education (including fees, hostel expenses, etc.)
- Postal Services
- Construction of projects abroad by Indian companies, including import of goods at the project site
- Freight insurance relating to the import and export of goods
- Payments for the maintenance of offices abroad
- Maintenance of Indian embassies abroad
- Remittances by foreign embassies in India
- Remittance by non-residents towards family maintenance and savings
- Remittance towards personal gifts and donations
- Remittance towards donations to religious and charitable institutions abroad
- Remittance towards grants and donations to other Governments and charitable institutions established by the Governments
- Contributions or donations by the Government to international institutions
- Remittance towards payment or refund of taxes
- Refunds or rebates or reduction in invoice value on account of exports
- Payments by residents for international bidding