Menu
Fdi policy
A pvt ltd company received foreign investment in 6 tranches during the period of January to December 2016. They allotted the shares and started using the money. However, they did not know that they had to file any FDI related filings.
kindly suggest on same
Replies (2)
You have to File FC -GPR take the help of a company secretary
Foreign inward remittance (FIRC) has to be reported to RBI through Authorised Dealer Bank within 30 days of receipt in form ARF & the investee company needs to obtain UIN from RBI.
Further form FC-GPR has to be filed within 30 days of allotment of shares.
Further the company has to allot shares within 180 days of inward remittance, which i guess has been complied in your case.
You need to take steps on priority, as RBI is involved.
Recent Topic
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
Related Topics
CAclubindia
