I will second Mr. Choudhury & feel FCGPR would stand for Foreign Collaborator - General Purchase Register. General Permission Route indicates that the transaction is under Automatic Route. However, irrespective of Automatic Route or Approval Route a Form FC-GPR is filed confirming issuance of shares.
FCGPR is a confirmation by the Corporate confirming issuance of shares to the Investee. In other words it is a record or a register.
AnonymousLLB11 Jun 2013, 11:43
Can someone help me as to what are the conequences of non compliance of filing FC-JPR on time?
AnonymousLLB13 Jun 2013, 13:00
as such penalty can be levied on non compliance with FC-GPR. RBI has powers to do so. moreover, the intimation letter of RBI about non compliance or FIRC form issued in relation to it will also mention about the consqeuences..
AnonymousLLB23 Oct 2013, 13:01
Legally FC-GPR stands for Foreign Collaboration- General Permission Route and FC-TRS stands for Foreign Currency- Transfer of Shares.
Non submission of FC-GPR is a non compliance and RBI may impose penalty thereon. It depends on a case to case basis.
AnonymousLLB5 Aug 2015, 21:37
FCGPR is abbreviation for two things. one is for FOREIGN CURRENCY GENERAL PERMISSABLE ROUTE AND OTHER ONE IS WITH REGARD TO FILING OF COMPLIANCE WITH RBI IE. FOREIGN CURRENCY GROSS PROVISIONAL RETURN.
8 Replies
Hi.
FC-GPR Stands for (Foreign Collaboration - General Permission Route)
FC-TRS Stands for (Foreign Currency- Transfer of Shares)
Both the forms are available on www.dipp.nic.in
Consolodated FDI policy.
Thanks,
Ankesh Jain
I think FC-GPR stands for Foreign Currency - General Purchase Register. Please correct me if I am wrong.
Best,
A Chowdhury
Mr. A Chowdhury.
FC-GPR has replaced FC-RBI which stood for availing of general permission. so FC-GPR stand Foreign Currency General Permission Route.
Kindly visit
http://www.csez.com/eou/documents/FormFCRBI.pdf
http://dipp.gov.in/English/policy/entry.htm
Ankesh Jain
+91-9995406312
I will second Mr. Choudhury & feel FCGPR would stand for Foreign Collaborator - General Purchase Register. General Permission Route indicates that the transaction is under Automatic Route. However, irrespective of Automatic Route or Approval Route a Form FC-GPR is filed confirming issuance of shares.
FCGPR is a confirmation by the Corporate confirming issuance of shares to the Investee. In other words it is a record or a register.
Can someone help me as to what are the conequences of non compliance of filing FC-JPR on time?
as such penalty can be levied on non compliance with FC-GPR. RBI has powers to do so. moreover, the intimation letter of RBI about non compliance or FIRC form issued in relation to it will also mention about the consqeuences..
Legally FC-GPR stands for Foreign Collaboration- General Permission Route and FC-TRS stands for Foreign Currency- Transfer of Shares.
Non submission of FC-GPR is a non compliance and RBI may impose penalty thereon. It depends on a case to case basis.
FCGPR is abbreviation for two things. one is for FOREIGN CURRENCY GENERAL PERMISSABLE ROUTE AND OTHER ONE IS WITH REGARD TO FILING OF COMPLIANCE WITH RBI IE. FOREIGN CURRENCY GROSS PROVISIONAL RETURN.