Thursday, July 12, 2012

RBI HAS Revised A-2 Form for Various remittances out of India

Revised A-2 Form -Revised list of purpose codes along with Form A-2

 In A-2 forms ,RBI has already amended the purpose codes for foreign exchange purchase/ sale transactions, used for filling up of the cover page of R-Return have since been revised, vide A.P.(DIR Series) Circular No. 84 dated February 29, 2012.; It has therefore become necessary to revise the list of purpose codes appended to Form A-2 also. The revised list of purpose codes along with Form A-2 are thus annexed for use by the applicants for remittance of funds abroad.

Please click the following link to go to the revised form Link

 


http://rbidocs.rbi.org.in/rdocs/content/pdfs/1ANN120712.pdf


Regards

R.V.Seckar

Mobile- 09848915177

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Tuesday, July 3, 2012

VARIOUS MASTER CIRCULARS ISSUED BY RBI UNDER FEMA - AN UPDATE

Dear Professional Colleagues,

RBI , today , updated various master circulars and the details of the same are given below . Please click the respective link to have more idea on the subject .

1. Master Circular on Direct Investment by Residents in Joint Venture (JV) /
Wholly Owned Subsidiary (WOS) Abroad

http://rbidocs.rbi.org.in/rdocs/notification/PDFs/11MC1072011.pdf
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2. Master Circular on Export of Goods and Services

3.Master Circular on External Commercial Borrowings and Trade Credits
4.Master Circular on Direct Investment by Residents in Joint Venture (JV)/ Wholly Owned Subsidiary (WOS) Abroad
5.Master Circular on Miscellaneous Remittances from India – Facilities for Residents
6.Master Circular on Import of Goods and Services
7.Master Circular on Compounding of Contraventions under FEMA, 1999
8.Master Circular on Remittance Facilities for Non-Resident Indians /
Persons of Indian Origin / Foreign Nationals
9.Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign Entities
10.Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin