SPM 4

[Paragraph 8B.2(v)and paragraph 23A of Annexure III to Chapter 8]

Statement showing feeder freight charges collected and disbursements made by foreign shipping companies operating feeder vessels in India or their agents
Instructions:

1. The statement should be submitted to Reserve Bank within 20 days from the date of sailing of the feeder vessel irrespective of whether remittance of surplus funds out of India is intended to be made or not.

Documentation:

2. Copy of Agency agreement (if not already filed with Reserve Bank).
   
   
3. Copy of Agreement with the Main Line Operator (if not already filed with Reserve Bank).
   
   
4. Certified copy of the voyage account rendered to principals.
   
   
5. Certificates issued by Foreign/Indian Shipping Companies and Multimodal Transport Operators in support of feeder freight collections.
   
   
6. No objection/Exemption Certificate from income-tax authorities.

Name & address of the foreign shipping principal
Particulars of Vessel/Voyage Name of the vessel Port of Call Period of voyage
Feeder freight/slot hire collections
Disbursements (give main particulars in a supplementary statement)
Net surplus (+)/Deficit (-)
Add: Remittance received from the principal abroad (attach copy of FIRC)
Add: Funds transferred from other centres in India (state RBI approval No. & date)
Total:
Less: Funds transferred to other centres (state RBI approval No. & date)
Net surplus (+)/deficit (-)
Add/deduct net surplus/deficit as at the close of previous voyage
Balance as at……………………..
Amount of tax paid/payable
Net surplus available for remittance
Balance in the account/s maintained with bank/s in India as on Name/s of bank/s	(i)
	(ii)
Cash on hand/if any
Total:
Note: Bank certificate/s (indicating the name and style of the Account) should be submitted alongwith the remittance application.

We hereby declare that the statements made above are true and correct to the best of our knowledge and belief and collections are made in accordance with the Exchange Control regulations.

We further declare that apart from collection of feeder freight/slot hire charges mentioned against item 3 of this statement, no other income has been derived in India by or on account of M/s._______________________________________________________ during the said period.
         (name & place of office of the concerned shipping company)

Place:..............................	Stamp	........................................................
Date :..............................		(Signature of the Authorised Official)
		Name:............................................
		Designation:....................................

(Note:- see
1. A.P.(Dir Sr.)Cir. No.17/2001-RB, dt.15/12/2001)