Optimise your international money transfers by learning about purpose codes for inward & outward remittances.
| Purpose Code | Description |
|---|---|
| P0102 | Realisation of export bills (in respect of goods) sent on collection (full invoice value) |
| P0103 | Advance receipts against export contracts, which will be covered later by GR/PP/SOFTEX/SDF |
| P0201 | Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad |
| P0301 | Purchases towards travel (Includes purchases of foreign TCs, currency notes, etc.) |
| P0302 | Business travel |
| P0304 | Travel for medical treatment including TCs purchased by hospitals |
| P0305 | Travel for education including TCs purchased by educational institutions |
| P0306 | Other travel receipts |
| P0801 | Hardware consultancy/implementation |
| P0802 | Software consultancy/implementation (other than those covered in SOFTEX form) |
| P0803 | Database, data processing charges |
| P0804 | Repair and maintenance of computer and software |
| P0807 | Off-site Software Exports |
| P0901 | Franchises services – patents, copyrights, trademarks, industrial processes, franchises, etc. |
| P0902 | Receipts for use, through licensing arrangements, of produced originals or prototypes |
| P1002 | Trade-related services – Commission on exports/imports |
| P1004 | Legal services |
| P1005 | Accounting, auditing, bookkeeping, and tax consulting services |
| P1006 | Business and management consultancy and public relations services |
| P1007 | Advertising, trade fair, market research, and public opinion polling services |
| P1008 | Research & Development services |
| P1014 | Engineering Services |
| P1016 | Market research and public opinion polling service |
| P1017 | Publishing and printing services |
| P1019 | Commission agent services |
| P1020 | Wholesale and retailing trade services |
| P1022 | Other Technical Services including scientific/space services |
| P1101 | Audio-visual and related services – services and associated fees related to the production of motion pictures, rentals, fees received by actors, directors, producers, and fees for distribution rights |
| P1109 | Other Personal, Cultural & Recreational services |
| P1306 | Receipts/Refund of taxes |
| P1501 | Refunds/rebates on account of imports |
| P1502 | Reversal of wrong entries, refunds of the amount remitted for non-imports |
| P1701 | Receipts on account of processing of goods |
For inquiries regarding purpose codes not listed here, please contact us at support@winvesta.in.