Head Offices of Indian shipping companies operating ocean-going vessels should, in addition to the statement in form SPM 3 [see paragraph 24 of the Guidelines (Annexure III)], submit to Reserve Bank the following statements (in duplicate).
| | Description | Periodicity | Form |
1. |
Statement of earnings and disbursements at foreign and Indian ports and net repatriation to India |
Quaterly |
SPG 1 |
2. |
Operations on foreign currency account/s maintained with overseas banks |
Quaterly |
SPG 2 |
3. |
Charter hire earnings and disbursements of companys vessels on Time/Voyage Charters |
Quaterly |
SPG 3 |
4. |
Foreign exchange receipts and expenditure on foreign vessels chartered |
Quaterly |
SPG 4 |
|