PrancingPanda
Remote devs what purpose code do you use for inward remittance?
My bank HDFC, now wants to ask the purpose code after 1.5 years . I have no idea about this and the branch people are not helpful. What code do you use ? Please help, thank you.
17mo ago
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SillyJellybean
Stealth17mo
You can ask a CA for this and they can guide you once you give them specifics
PrancingPanda
Stealth17mo
He is clueless about this himself
SillyJellybean
Stealth17mo
https://support.upwork.com/hc/en-us/articles/11494386652179-Foreign-Inward-Remittance-Certificate-for-India-FIRC#:~:text=According%20to%20India's%20Goods%20and,hardcoded%20to%20P0103%20or%20P1006. Please see this. I suggest you find someone CA who has experience in with freelancers as the codes vary based on your use case
DancingLlama
P1006 - have been doing for years now
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