Web2. RBI approval is required, if repatriation of funds held for more than 6 months 3. 15CA/CB 4. NRO repatriation form evidencing 1 mio declaration No S0014 Foreign student/trainee other than citizen of Nepal or Bhutan or a person of Indian origin. 1) Copy of valid Passport and Visa 2) In case of expired visas, duly acknowledged petitions made ... WebGR.No. Purpose Group Name Purpose Code Description 0 Capital Account S0017 Acquisition of non-produced non-financial assets (Purchase of intangible as- sets like ...
Reserve Bank of India
WebRetail Outward Remittance Application cum A2 Form for purchase of Foreign Exchange Current Status ... (If purpose code is Family Maintenance, Education or Travel related, kindly provide following details) ... and entities identified as posing significant risk of committing acts of terrorism as advised separately by the RBI to the banks. WebSr. No Purpose Purpose Code 1 Export of goods: 1.1 Realisation of export bills (goods only) P0102 1.2 Advance receipts against export (goods only) P0103 2 Receipts from Telecommunication, Computer & Information Services: 2.1 Software consultancy / implementation / development P0802 2.2 IT and IT enabled service P0802 2.3 Data … imxflow.com
Group No. Purpose Group Name Purpose Code Description
WebRBI Guidelines for Outward Remittance 2024. FEMA and RBI are responsible for the FOREX Transaction Rules of India. FEMA and RBI provide guidelines for outward transfer depending on the nature and purpose of the remittance. The FEMA Act has various regulations and schemes that define the limits for remittance to different entities and organizations. WebPurpose code as per RBI: Nature of payment (1) (2) (3) 1: S0001: Indian investment abroad - in equity capital (shares) 2: S0002: Indian investment ... for the purposes of any proceedings under the Act. (6) The certificate in Form No. 15CB shall be furnished and verified electronically in accordance with the procedures, formats and standards ... WebGroup No. Purpose Group Name Purpose Code Description 15 Others P1501 Refunds / rebates on account of imports 15 Others P1502 Reversal of wrong entries, refunds of … imxia f solution