India (IN)

DBS Singapore receiving party purpose codes. Beneficiary in India or payment in INR.

Purpose codes for outgoingPurposeCode on DBS Singapore TT payments when the corridor is: Beneficiary in India or payment in INR. The rules for when a code is mandatory, and how corridors are matched, are on Acme DBS Singapore Receiving Party Purpose Codes.

codedescription
P1002Trade related services - commission on exports / imports
P1003Operational leasing services (other than financial leasing) without operating crew, including charter hire - Airlines companies
P1004Legal services
P1005Accounting, auditing, book keeping services
P1006Business and management consultancy and public relations services
P1007Advertising, trade fair service
P1008Research & Development services
P1009Architectural services
P1010Agricultural services like protection against insects & disease, increasing of harvest yields, forestry services
P1011Inward remittance for maintenance of offices in India
P1013Environmental Services
P1014Engineering Services
P1015Tax consulting services
P1016Market research and public opinion polling service
P1017Publishing and printing services
P1019Commission agent services
P1020Wholesale and retailing trade services
P1021Operational leasing services (other than financial leasing) without operating crew, including charter hire - Shipping companies
P1022Other Technical Services including scientific/space services
P0099Other capital receipts not included elsewhere
P0901Franchises services
P0902Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks, industrial processes, franchises etc.
P0501Receipts on account of services relating to cost of construction of projects in India
P0502Receipts on account of construction works carried out abroad by Indian Companies
P0101Value of export bills negotiated / purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.) - Other than Nepal and Bhutan
P0102Realisation of export bills (in respect of goods) sent on collection (full invoice value) - Other than Nepal and Bhutan
P0103Advance receipts against export contracts, which will be covered later by GR/PP/SOFTEX/SDF - other than Nepal and Bhutan
P0108Goods sold under merchanting / Receipt against export leg of merchanting trade
P0011Repayment of loans extended to Non-Residents
P0701Financial intermediation except investment banking - Bank charges, collection charges, LC charges, etc.
P0702Investment banking - brokerage, under writing commission etc.
P0703Auxiliary services - charges on operation & regulatory fees, custodial services, depository services etc.
P0003Repatriation of Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in equity shares
P0004Repatriation Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in debt instruments
P0005Repatriation of Indian investment abroad in real estate
P0006Foreign Direct Investment made by overseas Investors in India in equity shares
P0007Foreign Direct Investment made by overseas Investors in India in debt instruments
P0008Foreign Direct Investment made by overseas Investors in India in real estate
P0602Freight insurance - relating to import & export of goods
P0603Other general insurance premium including reinsurance premium; and term life insurance premium
P0607Insurance claim Settlement of non-life insurance; and life insurance (only term insurance)
P0609Standardised guarantee services
P1601Receipts on account of maintenance and repair services rendered for Vessels, Ships, Boats, Warships, etc.
P1602Receipts of maintenance and repair services rendered for aircrafts, Space shuttles, Rockets, military aircrafts, etc.
P1701Receipts on account of processing of goods
P1201Maintenance of foreign embassies in India
P1501Refunds / rebates on account of imports
P1502Reversal of wrong entries, refunds of amount remitted for non imports
P1101Audio-visual and related services like motion picture and video tape production, distribution and projection services
P1103Radio and television production, distribution and transmission services
P1104Entertainment services
P1105Museums, library and archival services
P1106Recreation and sporting activity services
P1107Educational services (e.g. fees received for correspondence courses offered to non-resident by Indian institutions)
P1108Health Service (receipts on account of services provided by Indian hospitals, doctors, nurses, paramedical and similar services etc. rendered remotely or on-site)
P1109Other Personal, Cultural & Recreational services
P1306Receipts / Refund of taxes
P1401Compensation of employees
P1403Inward remittance towards interest on loans extended to non residents (ST/MT/LT loans)
P1409Inward remittance of dividends (on equity and investment fund shares) by Indian FDI Enterprises, other than branches, operating abroad
P1410Inward remittance on account of interest payment by Indian FDI enterprises operating abroad to their Parent company in India
P1411Inward remittance of interest income on account of Portfolio Investment made abroad by India
P1412Inward remittance of dividends on account of Portfolio Investment made abroad by India on equity and investment fund shares
P1499Other income receipts
P0801Hardware consultancy/implementation
P0802Software consultancy/implementation (other than those covered in SOFTEX form)
P0803Data base, data processing charges
P0804Repair and maintenance of computer and software
P0805News agency services
P0806Other information services - subscription to newspapers, periodicals, etc.
P0807Off-site Software Exports
P0808Telecommunication services including electronic mail services and voice mail services
P0809Satellite services including space shuttle and rockets, etc.
P0202Receipts on account of operating expenses of Foreign shipping companies operating in India
P0208Receipt on account of operating expenses of Foreign Airlines companies operating in India
P0214Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc.) (shipping companies)
P0215Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc.) (airlines companies)
P0216Receipts of freight fare - shipping companies operating abroad
P0217Receipts of passenger fare by Indian shipping companies operating abroad
P0218Other receipts by shipping companies
P0219Receipts of freight fare by Indian airlines companies operating abroad
P0220Receipts of passenger fare - airlines
P0221Other receipts by airlines companies
P0224Postal & courier services by air
P0225Postal & courier services by sea
P0226Postal & courier services by others
P0302Business travel
P0306Other travel receipts