Corporate Updates – 22-04-2015


DGFT has revised the mode of deposit of application fees by amending Appendix 2K (Scale of Application Fee and Format for Deposit/Refund of Application Fee/Penalty etc.) of Appendices and Aayaat Niryat Forms, 2015-20. Accordingly, facility of acceptance of Demand Draft towards application fee/ penalty/ any other fee has been restored and can shall be deposited by Demand Draft, or by depositing cash or cheque for Treasury Receipt Challan (TR) in an authorized Branch of Central Bank of India.


RBI has advised all Authorised Dealers for enabling of reporting of Advanced Remittance Form and FCGPR Form under the FDI scheme on the e-Biz platform of the Government of India. In this regard RBI has finalized the financial aspects for using the Virtual Private Network (VPN) accounts obtained from National Informatics Centre (NIC) for accessing the e-Biz portal. Accordingly, all AD- banks need to use ‘Virtual Private Network’ for accessing e-Biz portal for reporting under FDI scheme.

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