Form 15CB (Payment to Non-Resident)

Form 15CB is required for remittances exceeding ₹5 lakh where the remitter is not eligible for lower/withholding tax exemption. Certain categories like imports below threshold may not require Form 15CB.

Form 15CB is issued by a practicing Chartered Accountant (CA) who verifies the transaction documents and certifies compliance with tax laws regarding the remittance.

Form 15CB is valid for the specific remittance transaction for which it is issued. A fresh Form 15CB is required for each remittance exceeding the threshold.

Form 15CB should ideally be obtained before making the remittance. However, in certain cases, it can be obtained post-remittance with applicable late fee or interest.

Invoice/agreement with non-resident, TDS certificate (if tax deducted), PAN of non-resident, TRC (Tax Residency Certificate) for treaty benefits, and bank statement showing remittance.

Form 15CB is a certificate issued by a practicing Chartered Accountant confirming that proper tax has been paid or no tax is deductible on remittances to non-residents. It is required along with Form 15CA for most foreign remittances above ₹5 lakh.

Our professional fee for Form 15CB certification is ₹2,685, plus government fees. This includes CA verification of transaction documents, tax compliance review, and issuance of the certificate.

Not always. Certain categories of remittances (specified in Rule 37BB) are exempt from Form 15CB. However, most commercial payments to non-residents require both Form 15CB and Form 15CA for compliance.

No, Form 15CB must be certified by a practicing Chartered Accountant. The CA reviews the transaction, verifies tax compliance, and certifies that proper withholding tax has been paid or is not required.

Benefits include smooth processing of foreign remittances, avoidance of tax notices, proper claim of DTAA treaty benefits, reduced TDS liability, and compliance with FEMA and Income Tax regulations.