India purpose of payment guide

Repatriation of Indian investment abroad in equity capital (shares)

Repatriation of Indian investment abroad in debt securities

Repatriation of Indian investment abroad in branches

Repatriation of Indian investment abroad in subsidiaries and associates

Repatriation of Indian investment abroad in real estate

Foreign direct investment in India in equity

Foreign direct investment in India in debt securities

Foreign direct investment in India in real estate

Foreign portfolio investment in India in equity shares

Foreign portfolio investment in India in debt securities including debt funds

Repayment of loans extended to non-residents

Loans from non-residents to India

Receipts o/a non-resident deposits (FCNRB/NRERA etc.) ADs should report these even if funds are not "swapped" into rupees

Loans & overdrafts taken by ADs on their own account. (Any amount of loan credited to the NOSTRO account which may not be swapped into rupees should also be reported)

Purchase of a foreign currency against another currency

Sale of intangible assets like patents, copyrights, trade marks etc. by Indian companies

Other capital receipts not included elsewhere

Indian investment abroad-in equity capital (shares)

Indian investment abroad-in debt securities

Indian investment abroad-in branches

Indian investment abroad-in subsidiaries and associate

Indian investment abroad-in real estate

Repatriation of Foreign Direct Investment in India-in equity shares

Repatriation of Foreign Direct Investment in India-in debt securities

Repatriation of Foreign Direct Investment in India-in real estate

Repatriation of Foreign Portfolio Investment in India-in equity shares

Repatriation of Foreign Portfolio Investment in India-in debt securities

Loans extended to non-residents

Repayment of loans received from non-residents (long & medium term loans)

Repayment of short term loans received from non-residents

Repatriation of non-resident deposits (FCNRB/N.RERA etc.)

Repayment of loans & overdrafts taken by ADs on their own account

Sale of a foreign currency against another foreign currency

Purchase of intangible assets like patents, copyrights, trade marks etc.

Other capital payments not included elsewhere

Postal services

Courier services

Telecommunication services

Satellite services

Postal services

Courier services

Telecommunication services

Satellite services

Hardware consultancy

Software implementation/consultancy (other than those covered in SOFTEX form)

Data base, data processing charges

Repair and maintenance of computer and software

Mews agency services

Other information services, such as subscription to newspapers, periodicals, etc.

Hardware consultancy

Software implementation/consultancy

Data base, data processing charges

Repair and maintenance of computer and software

Slews agency services

Other information services such as subscription to newspapers, periodicals

Receipts for cost of construction of services projects in India

Construction of projects abroad by Indian companies including import of goods at project site

Payments for cost of construction etc. of projects executed by foreign companies in India

Value of export bills negotiated/purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.)

Realization of export bills (in respect of goods) sent on collection (full invoice value)

Advance receipts against export contracts (export of goods only)

Receipts against export of goods not covered by the GR/PP/SOFTEX/EC copy of shipping bill etc.

Value of export bills negotiated/purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.)

Realization of export bills (in respect of goods) sent on collection (full invoice value)

Advance receipts against export contracts (export of goods only)

Receipts against export of goods not covered by the GR/PP/SOFTEX/EC copy of shipping bill etc.

Export bills (in respect of goods) sent on collection

Conversion of overdue export bills from NPD to collection mode

Realization of NPD export bills (full value of bill to be reported)

Financial intermediation except investment banking such as bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing etc.

Investment banking such as brokerage, underwriting commission etc.

Auxiliary services such as charges on operation & regulatory fees, custodial services, depository services etc.

Financial intermediation except investment banking such as bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing etc.

Investment banking such as brokerage, underwriting commission etc.

Auxiliary services such as charges on operation & regulatory, custodial services, depository services etc.

Maintenance of Indian embassies abroad

Remittances by foreign embassies in India

Maintenance of foreign embassies in India

Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF etc. in India.

Advance payment against imports

Payment towards imports-settlement of invoice

Imports by diplomatic missions

Intermediary trade

Imports below Rs. 500.000 (For use by ECD offices)

Compensation of employees

Inward remittance towards interest on loans extended to non-residents (ST/MT/LT loans)

Inward remittance of interest on debt securities - debentures/bonds/FRNsetc

Inward remittance towards interest receipts of ADs on their own account (on investments)

Repatriation of profits to India

Receipt of dividends by Indians

Compensation of employees

Remittance towards interest on non-resident deposits (FCNRB/NRERA/ NRNRD/NRSR etc.)

Remittance towards interest on loans from non residents (ST/MT/LT loans)

Remittance of interest on debt securities - debentures/bonds/FRNs etc.

Remittance towards interest payment by ADs on their own account (to VOSTRO a/c holders or the OD on NOSTRO a/c.)

Repatriation of profits

Payment/ repatriation of dividends

Receipts of life insurance premium

Receipts of freight insurance - relating to import & export of goods

Receipts on account of other general insurance premium

Receipts of reinsurance premium

Receipts on account of auxiliary services (commission on Insurance)

Receipts on account of settlement of claims

Payments for life insurance premium

Freight insurance relating to import & export of goods

Other general insurance premium

Reinsurance premium

Auxiliary services (commission on insurance)

Settlement of claims

Merchanting services – net receipts (from sale and purchase of goods without crossing the border)

Trade related services - commission on exports/imports

Operational leasing services (other than financial leasing and without operating crew) including charter hire

Legal services

Accounting, auditing, book keeping, and tax consulting services

Business and management consultancy and public relations services

Advertising, trade fair, market research, and public opinion polling services

Research & development services

Architectural, engineering, and other technical services

Agricultural, mining and on-site processing services such as protection against insects & disease, increasing of harvest yields, forestry services, mining services like analysis of ores etc.

Inward remittance for maintenance of offices in India

Distribution services

Environmental services

Other services not included elsewhere

Merchanting services - net payments (from sale & purchase of goods without crossing the border)

Trade related services - commission on exports/imports

Operational leasing services (other than financial leasing) without operating crew, including charter hire

Legal services

Accounting, auditing, book keeping, and tax consulting services

Business and management consultancy and public relations services

Advertising, trade fair, market research, and public opinion polling service

Research & development services

Architectural, engineering, and other technical services

Agricultural, mining, and on-site processing services - protection against insects & disease, increasing of harvest yields, forestry services, mining services like analysis of ores etc.

Payments for maintenance of offices abroad

Distribution services

Environmental services

Other services not included elsewhere

Refunds/rebates on account of imports

Reversal of wrong entries, refunds of amount remitted for non-imports

Remittances (receipts) by residents under international bidding process

Receipts below $10,000 (say Rs 5,00,000)

Refunds/rebates/reduction in invoice value on account of exports

Reversal of wrong entries, refunds of amount remitted for non-exports

Payments by residents for international bidding

Crystallize/cancel export bills

Audio-visual and related services-services and associated fees related to production of motion pictures, rentals, fees received by actors, directors, producers and fees for distribution rights

Personal, cultural services such as those related to museums, libraries, archives and sporting activities; fees for correspondence courses abroad

Audio-visual and related services -services and associated fees related to production of motion pictures, rentals, fees received by actors, directors, producers and fees for distribution rights

Personal, cultural services such as those related to museums, libraries, archives, sporting activities, and fees for correspondence courses of Indian universities/institutes

Franchises services - patents, copyrights, trade marks, industrial processes, franchises etc.

Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films)

Franchises services such as patents, copyrights, trade marks, industrial processes, franchises etc.

Payment for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films)

Inward remittance from Indian nonresidents towards family maintenance and savings

Personal gifts and donations

Donations to religious and charitable institutions in India

Grants and donations to governments and charitable institutions established by the governments

Receipts/refund of taxes

Remittance by non-residents towards family maintenance and savings

Remittance towards personal gifts and donations

Remittance towards donations to religious and charitable institutions abroad

Remittance towards grants and donations to other governments and charitable institutions established by the governments

Contributions/donations by the government to international institutions

Remittance towards payment/refund of taxes

Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad

Purchases, on account of operating expenses of foreign shipping companies operating in India

Purchases on account of operational leasing (with crew) - shipping companies

Receipts of surplus freight/passenger fare by Indian airline companies operating abroad

Receipt on account of operating expenses of foreign airline companies operating in India

Purchases on account of operational leasing (with crew) - airline companies

Receipts on account of other transportation services such as stevedoring, demurrage, port handling charges etc.

Payments for surplus freight/passenger fare by foreign shipping companies operating in India

Payment for operating expenses of Indian shipping companies operating abroad

Freight on imports-shipping companies

Freight on exports-shipping companies

Operational leasing (with crew)-shipping companies

Booking of passages abroad-shipping companies

Payments for surplus freight/passenger fare by foreign airline companies operating in India

Operating expenses of Indian airline companies operating abroad

Freight on imports - airline companies

Freight on exports - airline companies

Operational leasing (with crew) - airline companies

Booking of passages abroad - airline companies

Payments on account of stevedoring, demurrage, port handling charges etc.

Purchases towards travel (Includes purchases of foreign TCs, currency notes etc. over the counter, by hotels, emporiums, institutions etc. as well as amount received by TT/SWIFT transfers or debit to non-resident account)

FC surrendered by returning Indian tourists

Remittance towards business travel

Travel under basic travel quota (BTQ)

Travel for pilgrimage

Travel for medical treatment

Travel for education including fees, hostel expenses etc.