Form 15CA & 15CB Filing for Foreign Remittance
GST & Tax
Form 15CA & 15CB Filing for Foreign Remittance
When you send money abroad, the tax rules often require Form 15CA and a 15CB certificate before the bank releases the payment. In short, 15CA is your declaration, and 15CB is a chartered accountant’s certificate on the tax. However, a wrong or missing form stalls the remittance at the bank. Therefore, Prospect Legal prepares both forms correctly and on time. As a result, your foreign payment clears without a hold.
15CA
Your Declaration
15CB
CA Certificate
Bank-Ready
Remittance Clear
End-to-End
Assess to File
Send Money Abroad Right
What are Form 15CA and 15CB, and when do you need them?
Form 15CA is the remitter’s online declaration for a foreign payment. Simply put, it reports the payment and the tax position. Meanwhile, Form 15CB is a chartered accountant’s certificate that confirms the tax rate and treaty benefit. Therefore, together they satisfy the bank and the tax rules.
You need them for many overseas payments. First, most taxable foreign remittances require 15CA. Next, larger taxable payments also need a 15CB certificate. Also, some small or exempt payments need only part of 15CA. Because the requirement depends on the amount and nature, expert review avoids a bank hold.
Details required for Form 15CA and 15CB
You need only a few things to start. Also, our team checks each detail before filing. As a result, the forms clear the bank. Here is the full list:
- Details of the remitter and the beneficiary
- The invoice or agreement for the payment
- The amount and purpose of the remittance
- The country of the beneficiary
- Tax residency details, where relevant
- A signed authority letting us file for you
How 15CA and 15CB filing works — step by step
The process is simple when an expert guides you. Moreover, Prospect Legal handles every step on your behalf. Here is how it works:
Step 1 — Assess the payment
First, we review the amount, purpose, and tax position. Because the route depends on this, it comes first.
Step 2 — Issue 15CB
Next, a chartered accountant certifies the tax in Form 15CB where needed. Therefore, the tax is confirmed.
Step 3 — File 15CA
Then, we file Form 15CA online with the correct part. In addition, we capture the acknowledgement.
Step 4 — Hand to the bank
Finally, we give you the forms for the bank. After that, your remittance clears.
Why choose Prospect Legal for 15CA and 15CB?
A wrong form means a stalled payment and a return trip to the bank. However, correct forms clear the first time. Here is what sets us apart:
- Right part. Because we assess the payment, we pick the correct 15CA part.
- CA certificate. Also, we arrange the 15CB where it is needed.
- Treaty benefit. Next, we apply any tax treaty relief correctly.
- Bank-ready set. Moreover, we give you forms the bank accepts.
- Real support. Above all, you can reach a human on call or WhatsApp anytime.
15CA and 15CB — what’s included
| Service | What we do | Benefit to you |
|---|---|---|
| Payment Review | Assess amount and purpose | The correct route |
| Tax Position | Confirm the rate and relief | No over or under tax |
| 15CB Certificate | Arrange the CA certificate | A valid certificate |
| 15CA Filing | File the correct part | A bank-ready form |
| Treaty Check | Apply any relief | Fair tax only |
| Bank Set | Hand over the forms | The payment clears |
Related GST and tax services
Your cross-border payments may need more tax support. Therefore, explore these services next:
Frequently asked questions about 15CA and 15CB
When do I need Form 15CA and 15CB?
You need 15CA for most taxable foreign payments, and 15CB for larger taxable ones. Also, some small payments need only part of 15CA. Therefore, we assess first. We file the right set.
What is the difference between 15CA and 15CB?
15CA is your online declaration, while 15CB is a chartered accountant’s certificate on the tax. Also, they work together. Therefore, we handle both. We keep them consistent.
Will the bank ask for these forms?
Yes, banks usually ask for the forms before releasing a foreign payment. Also, a wrong form stalls it. Therefore, we make them bank-ready. We hand them to you.
Can a tax treaty reduce the tax?
Yes, a tax treaty can lower the rate on some payments. Also, it needs the right proof. Therefore, we apply it correctly. We keep the tax fair.
How fast can you file them?
Once we have the details, we assess and file promptly. Also, the 15CB is arranged in parallel. Therefore, there is little delay. We share the set for the bank.
Clear your foreign remittance without a hold
Talk to Prospect Legal today. We prepare Form 15CA and 15CB correctly so your overseas payment clears the bank.
