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The present article covers the information category ‘Receipt of foreign remittance’ covered under the ‘Annual Information Statement’.

Information source for information category ‘Receipt of foreign remittance’ under ‘Annual Information Statement’-

As per provisions of rule 37BB, the authorized dealer is required to furnish information relating to foreign remittances made by remitter PAN in Form 15CC. The following information with regard to receipt of foreign remittance as reported in Form 15CC will be taken into consideration under ‘Annual Information Statement’-

Annual Information Statement – Receipt of foreign remittance

Purpose Code Information fetched under ‘Annual Information Statement’
S0001 Indian portfolio investment abroad in the equity shares (Foreign Portfolio Investments)
S0002 Indian portfolio investment abroad in the debt instruments (Foreign Portfolio Investments)
S0003 Indian direct investment abroad in the equity shares (Foreign Direct Investments)
S0004 Indian direct investment abroad in the debt instruments (Foreign Direct Investments)
S0005 Indian investment abroad in the real estate (Foreign Direct Investments)
S0006 Repatriation of FDI in the equity shares (Foreign Direct Investments)
S0007 Repatriation of FDI in the debt instruments (Foreign Direct Investments)
S0008 Repatriation of FDI in the real estate (Foreign Direct Investments)
S0009 Repatriation of foreign portfolio investment in the equity shares (Foreign Portfolio Investments)
S0010 Repatriation of foreign portfolio investment in the debt instruments (Foreign Portfolio Investments)
S0011 Loans extended to the non-residents (External Commercial Borrowings)
S0012 Repayment of long and medium term loans received from the non-residents (External Commercial Borrowings)
S0013 Repayment of short term loans received from the non-residents (External Commercial Borrowings)
S0014 Repatriation of non-residents deposits (FCNR(B)/ NR(E)RA etc.) (Banking Capital)
S0015 Repayment of loans and overdrafts taken by ADs on own account (Banking Capital)
S0016 Sale of a foreign currency against another foreign currency (Banking Capital)
S0017 Acquisition of non-produced non-financial assets -Government (Capital Account)
S0018 Other capital payments are not included elsewhere (Banking Capital)
S0019 Acquisition of non-produced non-financial assets -Non-Government (Capital Account)
S0020 Payments made on accounts of margin payments under financial derivative transactions (Financial Derivatives & Others)
S0021 Payments made on accounts of sale of share under ESOP (Financial Derivatives & Others)
S0022 Investment in Indian Depositories Receipts (IDRs) (Financial Derivatives & Others)
S0023 Opening of foreign currency account abroad with the bank (Financial Derivatives & Others)
S0024 External Assistance extended by India to Foreign governments (External Assistance)
S0025 Repayments made on account of External Assistance received by India (External Assistance)
S0026 Capital transfers -Government (Capital Account)
S0027 Capital transfers -Non-Government (Capital Account)
S0099 Other Capital payments which are not included elsewhere (Capital Account)
S0101 Advance payment against imports (Imports)
S0102 Payment towards imports settlement of invoice (Imports)
S0103 Imports by diplomatic missions (Imports)
S0104 Intermediary trade/ transit trade (Imports)
S0108 Goods acquired under merchanting/ payment against import leg of merchanting trade (Imports)
S0109 Payments made for imports from Bhutan and Nepal (Imports)
S0190 Imports below INR 500 (Imports)
S0201 Payments for surplus freight/ passenger fare by foreign shipping companies (Transport)
S0202 Payment for operating expenses of Indian Shipping Companies (Transport)
S0203 Freight on imports -Shipping Companies (Transport)
S0204 Freight on exports -Shipping Companies (Transport)
S0205 Operational leasing/ Rental of Vessels -Shipping Companies (Transport)
S0206 Booking of passages abroad -Shipping Companies (Transport)
S0207 Receipt of foreign remittance -Payments for surplus freight/ passenger fare by foreign airlines companies (Transport)
S0208 Operating expenses of Indian airlines companies (Transport)
S0209 Freight on imports -Airlines companies (Transport)
S0210 Receipt of foreign remittance -Freight on exports -Airlines companies (Transport)
S0211 Receipt of foreign remittance -Operational leasing/ Rental of Vessels -Airlines companies (Transport)
S0212 Receipt of foreign remittance -Booking of passages abroad -Airlines companies (Transport)
S0213 Payments on account of demurrage, stevedoring, port handling charges etc. (Transport)
S0214 Payments on account of demurrage, stevedoring, port handling charges etc. -Shipping companies (Transport)
S0215 Payments on account of demurrage, stevedoring, port handling charges etc. -Airlines companies (Transport)
S0216 Payments for passenger -Shipping Companies (Transport)
S0217 Other payments by Shipping Companies (Transport)
S0218 Payments for Passenger -Airlines Companies (Transport)
S0219 Other payments by Airlines Companies (Transport)
S0220 Receipt of foreign remittance -Payments on account of freight under other modes of transport (Transport)
S0221 Receipt of foreign remittance -Payments on account of passenger fare under other modes of transport (Transport)
S0222 Postal and Courier Services by Air (Transport)
S0223 Postal and Courier Services by Sea (Transport)
S0224 Postal and Courier Services by others (Transport)
S0301 Business travel (Travel)
S0302 Travel under basic travel quota (Travel)
S0303 Travel for pilgrimage (Travel)
S0304 Travel for medical treatment (Travel)
S0305 Travel for education (Travel)
S0306 Other travel (Travel)
S0401 Postal services (OLD)
S0402 Courier Services (OLD)
S0403 Telecommunication services (OLD)
S0404 Receipt of foreign remittance -Satellite services (OLD)
S0501 Construction project abroad by Indian companies (Construction Services)
S0502 Cost of construction of projects accomplished by foreign companies in India (Construction Services)
S0601 Life Insurance Premium except term insurance (Insurance & Pension Services)
S0602 Freight insurance relating to export & import of goods (Insurance & Pension Services)
S0603 Other general insurance premium (Insurance & Pension Services)
S0604 Reinsurance premium (Insurance & Pension Services)
S0605 Auxiliary services including insurance commission (Insurance & Pension Services)
S0606 Claim Settlement (Insurance & Pension Services)
S0607 Insurance claim settlements of life and non-life insurance (Insurance & Pension Services)
S0608 Life Insurance Claim Settlement (Insurance & Pension Services)
S0609 Standardized guarantee services (Insurance & Pension Services)
S0610 Receipt of foreign remittance -Premium for pension funds (Insurance & Pension Services)
S0611 Periodic pension entitlements by an Indian Pension Fund Companies (Insurance & Pension Services)
S0612 Invoking standardized guarantees (Insurance & Pension Services)
S0701 Financial Intermediation charges (Financial Services)
S0702 Investment banking under-writing commission, brokerage etc. (Financial Services)
S0703 Auxiliary service charges on the operation and regulatory fees etc. (Financial Services)
S0801 Hardware consultancy/ implementation (Telecommunication, computer and information services)
S0802 Receipt of foreign remittance -Software consultancy/ implementation (Telecommunication, computer and information services)
S0803 Data base/ data processing charges (Telecommunication, computer and information services)
S0804 Repair & maintenance of computer and software (Telecommunication, computer and information services)
S0805 News agency services (Telecommunication, computer and information services)
S0806 Subscription to periodicals/ newspapers (Telecommunication, computer and information services)
S0807 Off-site software imports (Telecommunication, computer and information services)
S0808 Telecommunication services (Telecommunication, computer and information services)
S0809 Satellite services (Telecommunication, computer and information services)
S0901 Franchises services (Charges for use of intellectual property)
S0902 Payment for use, via licensing arrangements, of produced originals/ prototypes, patents, etc. (Charges for use of intellectual property)
S0903 Merchanting services- net payments (Charges for use of intellectual property)
S1002 Trade related services commission on imports/ exports (Other Business Services)
S1003 Operational leasing services without operating crew which includes charter hire-airlines companies (Other Business Services)
S1004 Legal Services (Other Business Services)
S1005 Auditing, accounting, book keeping services (Other Business Services)
S1006 Business & management consultancy and public relation services (Other Business Services)
S1007 Advertising, trade fare services (Other Business Services)
S1008 Research and Development Services (Other Business Services)
S1009 Architectural Services (Other Business Services)
S1010 Agricultural Services (Other Business Services)
S1011 Payment towards the maintenance of offices abroad (Other Business Services)
S1012 Distribution Services (Other Business Services)
S1013 Environmental Services (Other Business Services)
S1014 Engineering Services (Other Business Services)
S1015 Tax consultancy services (Other Business Services)
S1017 Publishing & printing services (Other Business Services)
S1018 Mining Services (Other Business Services)
S1019 Other services not being included elsewhere (Other Business Services)
S1020 Commission agent services (Other Business Services)
S1021 Wholesale & Retailing trade services (Other Business Services)
S1022 Operational leasing services without operating crew which also includes charter hire -Shipping Companies (Other Business Services)
S1023 Other Technical Services which includes scientific space services (Other Business Services)
S1099 Other services not being included elsewhere (Other Business Services)
S1101 Audio visual & related services (Personal, Cultural and Recreational Services)
S1102 Personal, cultural services (Personal, Cultural and Recreational Services)
S1103 Radio & Television production, distribution and transmission services (Personal, Cultural and Recreational Services)
S1104 Entertainment services (Personal, Cultural and Recreational Services)
S1105 Library, museums and archival services (Personal, Cultural and Recreational Services)
S1106 Recreation & sporting activity services (Personal, Cultural and Recreational Services)
S1107 Education services (Personal, Cultural and Recreational Services)
S1108 Health services (Personal, Cultural and Recreational Services)
S1109 Other personal, cultural and recreational services (Personal, Cultural and Recreational Services)
S1201 Maintenance of Indian embassies abroad (Government not included elsewhere)
S1202 Remittance by foreign embassies in India (Government not included elsewhere)
S1301 Remittance for family maintenance & savings (Secondary Income)
S1302 Remittance for personal gifts and donations (Secondary Income)
S1303 Remittance for donations to religious and charitable institutions abroad (Secondary Income)
S1304 Remittance for grants and donations to other government and charitable institutions (Secondary Income)
S1305 Contributions/ donations by the Government to international institutions (Secondary Income)
S1306 Remittance towards payment/ refund of taxes (Secondary Income)
S1307 Outflows on account migrant transfers (Secondary Income)
S1401 Employees compensation (Primary Income)
S1402 Remittance for interest on Non-resident deposits [FCNR(B)/ NR(E)RA, etc.] (Primary Income)
S1403 Remittance towards interest on loans from Non-residents (ST/ MT/ LT loans) (Primary Income)
S1404 Remittance of interest on debt securities debentures/ bonds/ FRNs etc. (Primary Income)
S1405 Remittance towards interest payment by ADs on own account (Primary Income)
S1406 Repatriation of profits (Primary Income)
S1407 Payments/ repatriation of dividends (Primary Income)
S1408 Remittance of the profit by FDI enterprises in India (Primary Income)
S1409 Remittance of dividends by FDI enterprises in India on equity shares and investment fund (Primary Income)
S1410 Payment of interest by FDI enterprises in India to Parent company abroad (Primary Income)
S1411 Remittance of interest income of portfolio investment in India (Primary Income)
S1412 Remittance of dividends of portfolio investment in India (Primary Income)
S1501 Refunds, rebates, reduction in invoice value on account of exports (Others)
S1502 Reversal of wrong entries, refund of the amount remitted for non-exports (Others)
S1503 Payments by residents for international bidding (Others)
S1504 Notional sales when the export bills are dishonored/ crystalized/ cancelled and reversed from suspense account (Others)
S1505 Deemed imports (Others)
S1601 Payments on account of maintenance & repair services rendered for vessels etc. (Maintenance & repair services)
S1602 Payments on account of maintenance & repair services rendered for aircrafts etc. (Maintenance & repair services)
S1701 Payments for processing of goods (Manufacturing Services)

Further, information regarding royalty payment or fees for technical services etc. paid to a non-resident is reported by the TDS deductor in Form 27Q. Said information will also be taken up under the information category ‘Receipt of foreign remittance’ under ‘Annual Information Statement’.

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