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In case, the resident company doesn’t comply with the rules of filing the Form FCGPR, the RBI imposes a substantial penalty on non-compliance of regulations, referred to as “compounding”.
The receiving company needs to complete the FDI Reporting in India by filing Form FCGPR within 30 days of the due date, and the penalty for non-filing of Form FC-GPR would include:
📌 ₹5000 or
📌 1 % of the total amount of investment, which can up to a maximum of ₹5 Lakh or
📌 Part thereof for the first six months of delay and after that rate will be 2 times.
This compounding amount to be transferred into an RBI’s designated bank account.
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