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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’-
| 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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