What Is Form A1 Details

Form A1 is an important document for any business. This form is used to report the income and expenses of a business. It is essential to complete this form accurately and submit it on time. Filling out this form can be confusing, so here are some tips to help you get started. First, gather all your records of income and expenses. This includes bank statements, receipts, invoices, etc. Next, calculate your total income and expenses. Be sure to include each category listed on the form. Finally, submit the Form A1 by the deadline. Remember, accurate and timely filing is crucial for keeping your business compliant with tax regulations.

You'll find it beneficial to know how much time you will need to prepare this form a1 and how long the document is.

QuestionAnswer
Form NameForm A1
Form Length6 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 30 sec
Other namesrbi form a1, form a1 download, what is form a1, form a1 sbi in word format

Form Preview Example

(To be printed on White paper)

 

 

 

 

A.D.Code No._______________________

 

Form No.___________________________

 

(To be filled by authorised dealer)

Form A1

___________________________________

(For Import Payments only)

Serial No.__________________________

 

(for use of Reserve Bank of India)

Application for Remittance

 

 

 

in Foreign Currency

Amount

____________

_____________

 

remitted

Currency

Amount

 

Equivalent to Rupees_________________

 

(To be completed by authorised

 

dealer)

 

 

.........................................................................................................................................................

I/We wish to purchase __________________

_________________________________

(Name of currency)

(Amount in words)

through ___________________________________________________________________ for

(Name and address of the authorised dealer)

payment to ____________________________________________________________________

(Name and address of the beneficiary of the remittance) in payment of imports into India, detailed below:

Details of goods imported or to be imported into India

Section A: Import Licence particulars

 

 

Import Licence

 

 

 

 

 

 

Date of Issue

 

 

Date of expiry

 

Prefix

Licence No.

 

 

 

Suffixes

 

Date

 

Month

 

Year

Date

 

Month

 

Year

1

2

 

1

 

2

 

3

4

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Face value of

Amount to be

licence

endorsed

 

(in Rs.)

 

@

 

 

@Actual amount endorsed in rupees against each licence involved, should be stated under this column.

Note:If more than one licence is involved, particulars of all licences should be furnished. If the space is inadequate, separate statement may be attached. The amount utilised against each licence should invariably be indicated.

Section B: Import particulars

 

Invoice Details

 

Quantity

Description

Harmonised

Country

Country

Mode of

Date of

No

Terms

Currency

Amount

of

of goods

System of

of origin

from

shipment

shipment

and

(c.i.f.,

 

 

goods

 

Classification

of goods

which

(air, sea

(if not

date

f.o.b.,

 

 

 

 

 

 

goods

post, rail

known

 

c.&.f.

 

 

 

 

 

 

are

river,

approxi-

 

etc.)

 

 

 

 

 

 

consigne

transport

mate

 

 

 

 

 

 

 

 

d

port, etc.)

date)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Section C: Other particulars

 

1. Details of forward

 

 

 

purchase contract,

______________

_______________

____________

if any, booked against

(No.& date of

(Currency and

(Balance under

the import

Contract

Amount of

the contract)

 

 

Contract)

 

2. If remittance to be

 

 

 

made is less than

 

 

 

invoice value, reasons

 

 

 

therefor (i.e. part

_____________________________

 

remittance,instalment

_____________________________

 

etc.)

.........................................................................................................................................................

I/We hereby declare that the statements made by me/us on this form are true and that I/we have not applied for an authorisation through any other bank.

I/We declare and also understand that the foreign exchange to be acquired by me/us pursuant to this application shall be used by me/us only for the purpose for which it is acquired and that the conditions subject to which the exchange is granted will be complied with.

Stamp

Date:....................

.......................................................................

(Signature of Applicant/Authorised Official)

@Name and Address of Applicant Importer's Code Number...........................

@Nationality .................................................

@To be filled in capital letters ................

NOTE : For remittances covering intermediary trade, form A2 should be used.

Declaration to be furnished by Applicant

I/We declare that

(a)the import licence/s against which the remittance is sought is/are valid and has/have not been cancelled by DGFT.

(b)the goods to which this application relates account*

have been* imported into India on my/our own will be *

(c)the import is on behalf of @_______________________________________* and

(d)the invoice value of the goods which is declared on this form is the real value of the

goods

imported *

into in India.

 

 

to be imported*

 

If the

I/We attach the relative Customs-stamped Exchange Control copy of Bill of Entry *

Import

 

 

Post parcel wrapper (for imports by post)*/Courier Wrapper

has been

 

 

(for imports through courier)*

made

 

 

 

 

 

 

or

If the

 

I/We undertake

to produce within three months to the authorised dealer the relative

import is

 

Customs-stamped Exchange Control copy of Bill of Entry *

to be

 

Post parcel wrapper (for imports by post)*/Courier wrapper

made

 

 

(for imports through Courier)*

* Strike out item not applicable

@Where the import is on behalf of Central/State Government Department or a company owned by Central/State Government/Statutory Corporation, Local Body, etc. the name of the Government Department, Corporation etc. should be stated.

Date:......................................................................................

(Signature of Applicant/Authorised Official)

_____________________________________________________________________________

Space for comments of the authorised dealer

(While forwarding the application to Reserve Bank for approval, reference to Exchange Control Manual paragraph/ A.D.Circular in terms of which the reference is made should invariably be cited. If any remittance application on account of the same import was referred to Reserve Bank earlier, reference to the last correspondence/approval should also be cited).

.........................................................................

Stamp

Date:....................

(Signature of Authorised Official)

Name ...............................................................

Designation ......................................................

Name and Address of ......................................

Authorised dealer.............................................

______________________________________________________________________________

Certificate to be Furnished by Authorised Dealer (Importer's Banker)

We hereby certify that

(a)this payment is

Put a

(i)

an advance remittance

tick (ü)

 

 

 

in the

(ii)

• in retirement of bills under Letter of Credit opened through us

relevant

 

 

 

block

(iii)

against documents received through our medium for collection

(iv)• on account of documents received direct by the applicant/s against undertaking furnished by the latter to submit Customs-stamped Exchange Control copy of Bill of Entry of Post Parcel/courier wrapper within three months

(v)• on account of documents received direct by the applicant/s against Customs-stamped Exchange Control copy of Bill of Entry/post parcel/courier wrapper (attached) submitted by the latter

(vi)• ___________________________________________________________

(any other case, to be explained)

(b)all the Exchange Control regulations applicable to the remittance have been complied with

(c)the payment to the supplier of the goods has been* made

will be*

through_____________________________________________________________

(Name & Address of the foreign bank)

We also certify/undertake that the relevant Customs-stamped Exchange Control copy of Bill of Entry or post parcel/courier wrapper

shall be verified by us within three months

[vide certificate (a)(ii) and (iii) above].

has been verified [vide certificate (a) (v) above].

shall be obtained from the applicant/s within three months [vide certificate (a) (i) and (iv) above].

.......................................................................

(Signature of Authorised Official)

Name ..............................................................

Stamp

Date:....................

Designation......................................................

Name and Address of .....................................

Authorised dealer ............................................

______________________________________________________________________________

* Strike out item not applicable

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