60 days from the transfer, or the receipt of consideration, whichever is earlier. It falls due whenever the triggering event happens.

Who has to file FC-TRS?

It applies to foreign investment on record.

What is the penalty for filing FC-TRS late?

Late Submission Fee on the amount involved and the period of delay

FC-TRScriticalReserve Bank of India

FC-TRS — Transfer of Capital Instruments to or from a Non-Resident

Report a transfer of capital instruments between a resident and a person resident outside India within 60 days of the transfer or of the receipt or remittance of consideration, whichever is earlier. Filed by the resident party through the AD bank on FIRMS.

Due: 60 days from the transfer, or the receipt of consideration, whichever is earlier
Frequency: Event based
If it lapses: Late Submission Fee on the amount involved and the period of delay
Statutory reference: Rule 4, FEM (Non-debt Instruments) Rules 2019

Who has to file it

Every one of these has to hold before FC-TRS binds an entity:

foreign investment on record

Filed on:: RBI FIRMS Portal
Usually owned by:: Company Secretary
Typical effort:: 4 hours

Common questions

When is FC-TRS due?: 60 days from the transfer, or the receipt of consideration, whichever is earlier. It falls due whenever the triggering event happens.
Who has to file FC-TRS?: It applies to foreign investment on record.
What is the penalty for filing FC-TRS late?: Late Submission Fee on the amount involved and the period of delay
Where is FC-TRS filed?: RBI FIRMS Portal.

This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.

Who has to file it

Common questions

Other FEMA / RBI obligations