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Learn More Foreign Direct Investment – Reporting under FDI Scheme
This circular states that henceforth:-
1. Indian companies while submitting Form FCGPR & Form FCTRS must use the NIC codes as mentioned in the National Industrial Classification, 2008 (NIC 2008) and not the old NIC codes as mentioned in NIC 1987.
2. Indian companies must use the uniform State and District code list (available on the RBI website) while submitting Form FCGPR.