List of Purpose Code of Payment



Similar documents
FORM - A 2 (To be completed by the applicant)

Annex. I/We (Name of applicant remitter) PAN No. (For remittances exceeding USD 25,000 and for all capital account transactions) Address

RESERVE BANK OF INDIA Foreign Exchange Department Central Office Mumbai RBI/ /129 A.P. (DIR Series) Circular No.

NEW PURPOSE CODES FOR REPORTING FOREX TRANSACTIONS RECEIPT PURPOSES. Purpose Code

Request for Outward Remittance from NRO account

Please refer to the category description to assist you in determining the main category to be used for your transaction type.

News FINANCIAL SURVEILLANCE BALANCE OF PAYMENTS (BOP) CATEGORIES

APPENDIX 10 LIST OF SERVICES AS PER GATT

Balance of Payments User Guide. Think Corporate Banking. Think RMB. BopCUS 3 l 1

RETAIL OUTWARD REMITTANCE APPLICATION A2 CUM LRS DECLARATION

List of Services Sector

Balance of Payments Methodology. I. General

A N N E X E 2 : La correspondance entre les nomenclatures d activités et de produits et de balance des paiements

ALTERNATE STRUCTURE FOR DIVISION 71

A Guide To BEA s. Services Surveys

BPM5-to-BPM6 Conversion Matrix

Activities with abroad F01DGS & F02CMS:

APPENDIX 1 TO ANNEX X LIST OF COMMITMENTS ON MOVEMENT OF NATURAL PERSONS OF HONG KONG, CHINA

Direct Investment Concepts

ANNEX 1 NOMENCLATURE Art. 1. Foreign currency operations Art. 2. Current foreign currency operations

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

LIST OF CODES FOR FOREIGN EXCHANGE AND OTHER TRANSACTIONS BY NON-RESIDENTS AND RESIDENTS (VO CODES)

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION INCOME-TAX

Notes for foreign currency payments at HSBC

A separate form for commercial finance in all eight states should be completed.

LIST OF CODES FOR FOREIGN EXCHANGE AND OTHER TRANSACTIONS BY NON-RESIDENTS AND RESIDENTS (VO CODES)

INDIVIDUAL TAX RETURN PREPARATION CHECKLIST 2014

Chart of Accounts AA Corp Tax / page 1. Sales. Income from participating interests. Income from other fixed asset investments

L A W ОN FOREIGN EXCHANGE OPERATIONS

U.S. Schedule of Commitments under the General Agreement on Trade in Services

GUIDELINES FOR RESPONDING TO THE GFSM 2014 ANNUAL GFS QUESTIONNAIRE

Balance of Payments made simple Fedrica Robinson

Chapter 9. Goods and Services Account

Cross-border electronic commerce and international trade statistics

BUSINESS PLAN: PRO-FORMA FINANCIAL STATEMENTS as prescribed by the Central Bank of Swaziland Financial Regulation Department Bank Supervision Division

LIST of Currency and Other Operations Performed by Residents and Non-Residents

ANNEX III FINANCIAL SERVICES (NON-CONFORMING MEASURES) SECTION A SINGAPORE

Payments into India SWIFT Formatting Guide for Financial Institutions

ACCOUNTS PRODUCTION OPEN SANS FONT FOR 2013 TAXCALC HUB AND ACCOUNTS PRODUCTION CHART OF ACCOUNTS - LIMITED COMPANY

QUARTERLY ESTIMATES FOR SELECTED SERVICE INDUSTRIES 1st QUARTER 2015

Secondary Income and the Capital Account (L12)

TERHAD. Training to Labuan Offshore Entities on Compilation of International Investment Position (IIP) Report

2015 NEVADA TAX REFORMS. Commerce Tax, Modified Business Tax, Business License Fee

All transactions, not specified above, require prior approval from the Financial Surveillance Department.

Fifteenth Meeting of the IMF Committee on Balance of Payments Statistics Canberra, Australia, October 21 25, 2001

Russian Rouble payment requirements.

nstitutional (economic) units, industries and sectors are the main components of economy.

EXCHANGE CONTROL IN SAMOA August 2015 D. TABLE: EXCHANGE CONTROL POLICY GUIDELINES

PRC REGULATORY OVERVIEW

Guide on the New Place of Supply of Services Rules

VAT GENERAL INFORMATION FOR BUSINESSES

Small Company Limited. Report and Accounts. 31 December 2007

EXCHANGE CONTROL IN FIJI

MIZUHO BANK, LTD. TERMS AND CONDITIONS Bank s Service Charge and Fee BANGKOK BRANCH. 16 March Page 1 of 14

Bank of Zambia. Bank of Zambia Balance of Payments Monitoring Guide (2013)

ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY IN INDIA

Master Circular on Non-Resident Ordinary Rupee (NRO) Account

BUSINESS STUDIES CLASS-XI

REQUIRED SUPPORTING DOCUMENTS APPLICABLE TO FOREIGN CURRENCY (FCY) TRANSACTION UNDER DECREE 160/2006/ND-CP

REPORTING INSTRUCTIONS FOR INVESTMENT FUNDS

1. An offshore bank may transact any banking business with approved financial institutions.

Chart of Accounts for Banks

Different Kind of Accounts

LAW ON FOREIGN EXCHANGE OPERATIONS

North Bay Industry Sector Rankings (By County) October 2015 Jim Cassio

Business Credit and Deposits Explanatory Notes

23 rd Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...

EXTERNAL COMMERCIAL BORROWINGS & TRADE CREDITS. FEMA guidelines provide Indian companies to access funds from abroad by following methods:-

The updated list of most used VO codes.

QUARTERLY FINANCIAL ACCOUNTS NORGES BANK I. INTRODUCTION


LAW ON FOREIGN EXCHANGE OPERATIONS

Payments relating to external transactions Report pursuant to section 67 et seq of the Foreign Trade and Payments Regulation (AWV)

ROYAL MALAYSIAN CUSTOMS GOODS AND SERVICES TAX GUIDE

RS Official Gazette, Nos 31/2012, 71/2013, 98/2013 and 125/2014

ROYAL MALAYSIAN CUSTOMS GOODS AND SERVICES TAX GUIDE ON TRAVEL INDUSTRY

Financial Overview INCOME STATEMENT ANALYSIS

NAPCS Product List for NAICS 533: Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

GENERAL INFORMATION FORM -- AUTHORIZATION APPLICATION NAICS CODES GENERAL INFORMATION

Glossary. U.S. International Economic Accounts Glossary of Terms. Term

Foreign Bank Accounts and Foreign Intercompany Accounts

PRINCIPLES FOR PRODUCING AND SUBMITTING REPORTS

United States Statistics on Trade in Services. Obie G. Whichard Bureau of Economic Analysis U.S. Department of Commerce Washington, DC USA

Health Insurance Companies Tab. Monthly cash inflows and outflows of public health insurance companies

APPENDIX 1 TO ANNEX X FIRST LIST OF RESERVATIONS OF HONG KONG, CHINA

GLOBAL INDIRECT TAX. South Korea. Country VAT/GST Essentials. kpmg.com TAX

Transcription:

List of Purpose Code of Payment Gr. No Purpose Group Name Purpose Code Description S0017 Acquisition of non-produced non-financial assets (Purchase of intangible assets like patents, copyrights, trademarks etc., land acquired by government, use of natural resources) - Government Capital Account S0019 S0026 Acquisition of non-produced non-financial assets (Purchase of intangible assets like patents, copyrights, trademarks etc., use of natural resources) - Non-Government Capital transfers ( Guarantees payments, Investment Grand given by the government / international organisation, exceptionally large Non-life insurance claims) - Government 00 Foreign Direct Investments S0027 S0099 S0003 S0004 S0005 S0006 S0007 S0008 Capital transfers ( Guarantees payments, Investment Grand given by the Non-government, exceptionally large Non-life insurance claims) - Non-Government Other capital payments not included elsewhere Indian Direct investment abroad (in branches & wholly owned subsidiaries) in equity Shares Indian Direct investment abroad (in subsidiaries and associates) in debt instruments Indian investment abroad - in real estate Repatriation of Foreign Direct Investment made by overseas Investors in India - in equity shares Repatriation of Foreign Direct Investment in made by overseas Investors India - in debt instruments Repatriation of Foreign Direct Investment made by overseas Investors in India - in real estate S0001 Indian Portfolio investment abroad - in equity shares Foreign Portfolio Investments S0002 S0009 S0010 Indian Portfolio investment abroad - in debt instruments Repatriation of Foreign Portfolio Investment made by overseas Investors in India - in equity shares Repatriation of Foreign Portfolio Investment made by overseas Investors in India - in debt instruments External Commercial Borrowings Short term Loans S0011 S0012 S0013 Loans extended to Non-Residents Repayment of long & medium term loans with original maturity above one year received from Non-Residents Repayment of short term loans with original maturity up to one year received from Non-Residents

00 01 Banking Capital Financial Derivatives and Others External Assistance Imports 02 Transport S0014 S0015 S0016 S0020 S0021 S0022 S0023 S0024 S0025 S0101 S0102 S0103 S0104 S0108 S0109 S0201 S0202 S0203 S0204 S0205 S0206 S0207 S0208 S0209 S0210 S0211 Repatriation of Non-Resident Deposits (FCNR(B) / NR(E)RA etc) Repayment of loans & overdrafts taken by ADs on their own account. Sale of a foreign currency against another foreign currency Payments made on account of margin payments, premium payment and settlement amount etc. under Financial derivative transactions. Payments made on account of sale of share under Employee stock option Investment in Indian Depositories Receipts (IDRs) Remittances made under Liberalised Remittance Scheme (LRS) for Individuals External Assistance extended by India. e.g. Loans and advances extended by India to Foreign governments under various agreements Repayments made on account of External Assistance received by India. Advance payment against imports made to countries other than Nepal and Bhutan Payment towards imports- settlement of invoice other than Nepal and Bhutan Imports by diplomatic missions other than Nepal and Bhutan Intermediary trade / transit trade, i.e., third country export passing through India Goods acquired under merchanting / Payment against import leg of merchanting trade* Payments made for Imports from Nepal and Bhutan, if any Payments for surplus freight / passenger fare by foreign shipping operating in India Payment for operating expenses of Indian shipping operating abroad Freight on imports - Shipping Freight on exports - Shipping Operational leasing / Rental of Vessels (with crew) -Shipping Booking of passages abroad - Shipping Payments for surplus freight / passenger fare by foreign Airlines operating in India Operating expenses of Indian Airlines operating abroad Freight on imports - Airlines Freight on exports - Airlines Operational leasing / Rental of Vessels (with crew) - Airline

02 Transport 03 05 06 06 Travel Construction Services Insurance and Pension Services Insurance and Pension Services S0212 S0214 S0215 S0216 S0217 S0218 S0219 S0220 S0221 S0222 S0223 S0224 S0301 S0303 S0304 S0305 S0306 S0501 S0502 S0601 S0602 S0603 S0605 S0607 S0608 S0609 S0610 S0611 S0612 Booking of passages abroad - Airlines Payments on account of stevedoring, demurrage, port handling charges etc.(shipping ) Payments on account of stevedoring, demurrage, port handling charges, etc.(airlines ) Payments for Passenger - Shipping Other payments by Shipping Payments for Passenger - Airlines Other Payments by Airlines Payments on account of freight under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and others) Payments on account of passenger fare under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and others) Postal & Courier services by Air Postal & Courier services by Sea Postal & Courier services by others Business travel. Travel for pilgrimage Travel for medical treatment Travel for education (including fees, hostel expenses etc.) Other travel (including holiday trips and payments for settling international credit cards transactions) Construction of projects abroad by Indian including import of goods at project site abroad cost of construction etc. of projects executed by foreign in India. Life Insurance premium except term insurance Freight insurance - relating to import & export of goods Other general insurance premium including reinsurance premium; and term life insurance premium Auxiliary services including commission on insurance Insurance claim Settlement of non-life insurance; and life insurance (only term insurance) Life Insurance Claim Settlements Standardised guarantee services Premium for pension funds Periodic pension entitlements e.g. monthly quarterly or yearly payments of pension amounts by Indian Pension Fund Compa Invoking of standardised guarantees

S0701 Financial intermediation, except investment banking - Bank charges, collection charges, LC charges etc. 07 Financial Services S0702 Investment banking - brokerage, under writing commission etc. S0703 Auxiliary services - charges on operation & regulatory fees, custodial services, depository services etc. S0801 Hardware consultancy / implementation 08 Telecommunication, Computer & Information Services S0802 S0803 S0804 S0805 S0806 S0807 S0808 Software consultancy / implementation Data base, data processing charges Repair and maintenance of computer and software News agency services Other information services- Subscription to newspapers, periodicals Off-site software imports Telecommunication services including electronic mail services and voice mail services S0809 Satellite services including space shuttle and rockets etc. S0901 Franchises services 09 Charges for the use of intellectual property n.i.e S0902 Payment for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks and industrial processes etc. 10 Other Business Services S1002 S1003 S1004 S1005 S1006 S1007 S1008 S1009 S1010 S1011 S1013 S1014 Trade related services - commission on exports / imports Operational leasing services (other than financial leasing) without operating crew, including charter hire- Airlines Legal services Accounting, auditing, book-keeping services Business and management consultancy and public relations services Advertising, trade fair service Research & Development services Architectural services Agricultural services like protection against insects & disease, increasing of harvest yields, forestry services. Payments for maintenance of offices abroad Environmental Services Engineering Services

10 Other Business Services S1015 S1016 S1017 S1018 S1020 S1021 S1022 S1023 S1099 S1101 Tax consulting services Market research and public opinion polling service Publishing and printing services Mining services like on-site processing services analysis of ores etc. Commission agent services Wholesale and retailing trade services. Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping Other Technical Services including scientific / space services. Other services not included elsewhere Audio-visual and related services like Motion picture and video tape production, distribution and projection services. 11 Personal, Cultural & Recreational services S1103 S1104 S1105 S1106 Radio and television production, distribution and transmission services Entertainment services Museums, library and archival services Recreation and sporting activities services S1107 Education (e.g. fees for correspondence courses abroad) S1108 S1109 Health Service (payment towards services received from hospitals, doctors, nurses, paramedical and similar services etc. rendered remotely or on-site) Other Personal, Cultural & Recreational services 12 Govt. not included elsewhere (G.n.i.e.) S12 01 Maintenance of Indian embassies abroad S1202 Remittances by foreign embassies in India S1301 Remittance for family maintenance and savings S1302 S1303 Remittance towards personal gifts and donations Remittance towards donations to religious and charitable institutions abroad 13 Secondary Income S1304 Remittance towards grants and donations to other governments and charitable institutions established by the governments. S1305 S1306 S1307 Contributions / donations by the Government to international institutions Remittance towards payment / refund of taxes Outflows on account of migrant transfers including personal effects

S1401 S1402 S1403 Compensation of employees Remittance towards interest on Non-Resident deposits(fcnr(b) / NR(E)RA, etc.) Remittance towards interest on loans from Non-Residents (ST / MT / LT loans) e.g. External Commercial Borrowings, Trade Credits, etc. S1405 Remittance towards interest payment by ADs on their own account (to VOSTRO a/c holders or the OD on NOSTRO a/c.) 14 Primary Income S1408 Remittance of profit by FDI enterprises in India (by branches of foreign including bank branches) 15 Others 16 Maintenance and repair services n.i.e S1409 S1410 S1411 S1412 S1501 S1502 S1503 S1504 S1505 S1601 S1602 Remittance of dividends by FDI enterprises in India (other than branches) on equity and investment fund shares Payment of interest by FDI enterprises in India to their Parent company abroad Remittance of interest income on account of Portfolio Investment in India Remittance of dividends on account of Portfolio Investment in India on equity and investment fund shares Refunds / rebates / reduction in invoice value on account of exports Reversal of wrong entries, refunds of amount remitted for nonexports Payments by residents for international bidding Notional sales when export bills negotiated / purchased / discounted are dishonored / crystallised / cancelled and reversed from suspense account Deemed Imports (exports between SEZ, EPZs and Domestic tariff areas) Payments on account of maintenance and repair services rendered for Vessels, ships, boats, warships, etc. Payments on account of maintenance and repair services rendered for aircrafts, space shuttles, rockets, military aircrafts, helicopters, etc 17 Manufacturing services (goods for processing) S1701 Payments