Filing of fcgpr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2011
A company with a capital of Rs.3 lakhs for computer software activity was formed. 70% of the sharecapital is contributed by a Foriegn Co and the balance 30% by an Indian citizen working abroad(NRI). The amounts were sent through baning channel. But in the second case, at the time of remittance, the specific purpose not mentioned. Now what are the formalities to be complied with. If there is any delay in filing FCGPR, what will be the consequences. If anybody having a softcopy of FCGPR in word format, please forard to me. Please reply in detail.
Thanks in advance
Thanks in advance
21 September 2011
Hi,
When an Indian Company issuing shares to the non-resident under the automatic route, the Form FC GPR has to be filed with the RBI through AD Bank within 30 days from the date of allotment.
If there is any delay in filing FCGPR, u just attache the Covering letter for that purpose.
And Fc GPR format, u can download from http://www.rbi.org.in/Scripts/BS_ViewFemaForms.aspx
(third from last).
u need further clarification i'll provide.
When an Indian Company issuing shares to the non-resident under the automatic route, the Form FC GPR has to be filed with the RBI through AD Bank within 30 days from the date of allotment.
If there is any delay in filing FCGPR, u just attache the Covering letter for that purpose.
And Fc GPR format, u can download from http://www.rbi.org.in/Scripts/BS_ViewFemaForms.aspx
(third from last).
u need further clarification i'll provide.
Message likes :
1 times
22 September 2011
I agree with the expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- GST Annual Returns filing due date
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Strategic Performance Management and Business Valuation
- Appeals vs Writ court -certain doubt
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
