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March 2016

A. P. (DIR Series) Circular No. 40 dated February 1, 2016

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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Foreign Direct Investment – Reporting under FDI Scheme, Mandatory filing of form AR F, FCGPR and FCTRS on e-Biz platform and discontinuation of physical filing from February 8, 2016

Presently, there is an option given to the investee entity / transferors / transferees to submit Advance Remittance Form, Form FCGPR and Form FCTRS either online or by way of physical filing.

This circular provides that on and from February 8, 2016 it will be mandatory for all concerned to submit Advance Remittance Form, Form FCGPR and Form FCTRS online through the e-Biz portal as physical filing of these forms will no longer be accepted.

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