Ozg FEMA Consultant

Ozg Center | London | Delhi | New York | Mumbai

Phone # 09811415831-37-61-72-84-92-94

Email: fema.consultant@ozg.co.in

Website: fema.in

facebook.com/FEMAconsultant

Form A2

Application cum Declaration

(To be completed by the applicant)

Application for drawal of foreign exchange

I. Details of the applicant -

a. Name : ____________________________

b. Address : ____________________________________________

c. Account No. : _____________________

II. Details of the foreign exchange required

1. Amount (Specify currency) : ___________________

2. Purpose : __________________________________

III. I authorise you to debit my Saving Bank/Current/RFC/EEFC Account No._________________ together with your charges and

* a) Issue a draft : Beneficiary's Name ________________________

Address ________________________________

* b) Effect the foreign exchange remittance directly -

1. Beneficiary's Name : _________________________________

2. Name and address of the Bank : _______________________

3. Account No. : ____________________

* c) Issue travellers cheques for _____________________________

* d) Issue foreign currency notes for _________________________

· (Strike out whichever is not applicable)

Signature

Declaration

(Under FEMA 1999)

I, _________________________ declare that -

* 1) The total amount of foreign exchange purchased from or remitted through, all sources in India during this calendar year including this application is within USD _____________ (USD ________________________

___________________________________________________________only) the annual limit prescribed by Reserve Bank of India for the said purpose.

* 2) Foreign exchange purchased from you is for the purpose indicated above.

· (Strike out whichever is not applicable)

Signature

Name _____________

Date :

(The purpose codes are on the reverse)

For office use only

AD Code No. ________________________________

Form No. ___________________________________

Currency ________________

Amount ________________

Equivalent to Rs._______________

(To be filled in by Authorised Dealer)

ADs should put a tick ([) against an appropriate purpose code. (In case of doubt/difficulty, consult customer/RBI.)

Code

Purpose

Capital Account Transactions (00)

S0001

Indian investment abroad in equity capital (shares)

S0002

Indian investment abroad in debt securities

S0003

Indian investment abroad in branches

S0004

Indian investment abroad in subsidiaries and associates

S0005

Indian investment abroad in real estate

S0006

Repatriation of Foreign Direct Investment in India- in equity shares

S0007

Repatriation of Foreign Direct Investment in India- in debt securities

S0008

Repatriation of Foreign Direct Investment in India in real estate

S0009

Repatriation of Foreign Portfolio Investment in India in equity shares

S0010

Repatriation of Foreign Portfolio Investment in India in debt securities

S0011

Loans extended to Non-Residents

S0012

Repayment of long and medium-term loans with original maturity above one year received from Non-Residents.

S0013

Repayment of short-term loans with original maturity up to one year received from Non-Residents.

S0014

Repatriation of Non-Resident Deposits (FCNRB/NRERA etc)

S0015

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

S0016

Sale of a foreign currency against another foreiqn currency

S0017

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

S0018

Other capital payments not included elsewhere

Transportation (02)

S0201

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

S0202

Payment for operating expenses of Indian shipping companies operating abroad.

S0203

Freight on imports - Shipping companies

S0204

Freight on exports - Shipping companies

S0205

Operational leasing (with crew) -Shipping companies

S0206

Booking of passages abroad -Shipping companies

S0207

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

S0208

Operating expenses of Indian Airlines companies operating abroad

S0209

Freight on imports - Airlines companies

S0210

Freight on exports - Airlines companies

S0211

Operational leasing (with crew) -Airlines companies

S0212

Booking of passages abroad - Airlines companies

S0213

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

Travel (03)

S0301

Remittance towards Business travel.

S0302

Travel under basic travel quota (BTQ)

S0303

Travel for pilgrimage

S0304

Travel for medical treatment

S0305

Travel for education (including fees, hostel expenses etc.)

S0306

Other travel (international credit cards)

Communication Services (04)

S0401

Postal services

S0402

Courier services

S0403

Telecommunication services

S0404

Satellite services

Construction Services (05)

S0501 ,

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

S0502

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

Insurance Services (06)

S0601

Payments for Life insurance premium

S0602

Freight insurance - relating to import & export of goods

S0603

Other general insurance premium

S0604

Reinsurance premium

S0605

Auxiliary services (commission on insurance)

S0606

Settlement of claims

Financial Services (07)

S0701

Financial intermediation except investment banking - Bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing etc.

S0702

Investment banking - brokerage, underwriting commission etc.

S0703

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

Computer and Information Services (08)
S0801		Hardware consultancy/implementation
S0802		Software consultancy/implementation
S0803		Data base, data processing charges
S0804		Repair and maintenance of computer and software
S0805		News agency services
S0806		Other information services - Subscription to newspapers, periodicals
Royalties and License Fees (09)
S0901		Franchises services - patents, copyrights, trade marks, industrial processes, franchises etc.
S0902		Payment for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films)
Other Business Services (10)
S1001		Merchanting services –net payments (from Sale & purchase of goods without crossing the border).
S1002		Trade related services - commission on exports / imports
S1003		Operational leasing services (other than financial leasing) without operating crew, including charter hire
S1004		Legal services
S1005		Accounting, auditing, book keeping and tax consulting services
S1006		Business and management consultancy and public relations services
S1007		Advertising, trade fair, market research and public opinion polling service
S1008		Research & Development services
S1009		Architectural, engineering and other technical services
S1010		Agricultural, mining and on-site processing services-protection against insects & disease, increasing of harvest yields, forestry services, mining services like analysis of ores etc.
S1011		Payments for maintenance of offices abroad
S1012		Distribution services
S1013		Environmental services
S1019		Other services not included elsewhere
Personal, Cultural and Recreational Services (11)
S1101		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.
S1102		Personal, cultural services such as those related to museums, libraries, archives and sporting activities; fees for correspondence courses abroad.
Government not included elsewhere (g.n.i.e.) (12)
S1201		Maintenance of Indian embassies abroad
SI 202		Remittances by foreign embassies in India
Transfers (13)
S1301		Remittance by non-residents towards family maintenance and savings
S1302		Remittance towards personal gifts and donations
S1303		Remittance towards donations to religious and charitable institutions abroad
S1304		Remittance towards grants and donations to other governments and charitable institutions established by the governments.
S1305		Contributions/donations by the Government to international institutions
S1306		Remittance towards payment / refund of taxes.
Income (14)
S1401		Compensation of employees
S1402		Remittance towards interest on Non-Resident deposits (FCNRB/NRERA/ NRNRD/NRSR etc.)
S1403		Remittance towards interest on loans from Non-Residents (ST/MT/LT loans)
S1404		Remittance of interest on debt securities -debentures /bonds/FRNs etc.
S1405		Remittance towards interest payment by ADs on their own account (to VOSTRO a/c holders or the OD on NOSTRO a/c.)
S1406		Repatriation of profits
S1407		Payment/ repatriation of dividends
Others (15)
S1501		Refunds / rebates / reduction in invoice value on account of exports
S1502		Reversal of wrong entries, refunds of amount remitted for non exports
S1503		Payments by residents for international bidding
S1504		Notional sales when export bills negotiated/ purchased/discounted are dishonoured/crystallized/cancelled of bills and reversed from suspense accounts.