TaxTMI 
TaxTMI 
Some time Banks insist on 15 CA and 15 CB for remmittance for import of goods, is any provision is their that they are not applicable where No TDS is required to be deducted ( Import )
Applicabilty 15 CA and 15 CB on Import of goods.
09 Sep 2011 
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Withholding tax compliance: obtain Form 15CA/15CB or CA certification when import payments may attract Indian tax liability.
Form 15CA and Form 15CB are used to screen remittances for taxability where payments to non-residents may constitute taxable income; imports of goods ordinarily do not attract TDS and may be supported by a declaratory letter, but if the non-resident has a permanent establishment or profit element is deemed attributable to India then TDS may be payable and a CA certificate plus Form 15CA filing is prudent to document the tax position. (AI Summary)
Form 15CA and Form 15CB are used to screen remittances for taxability where payments to non-residents may constitute taxable income; imports of goods ordinarily do not attract TDS and may be supported by a declaratory letter, but if the non-resident has a permanent establishment or profit element is deemed attributable to India then TDS may be payable and a CA certificate plus Form 15CA filing is prudent to document the tax position. (AI Summary)