FCGPR penalty amount

For  ready reference  Fema reporting delays penal provisions

1] Reporting Contraventions A) FEMA 20 Para 9(1)(A), 9(1)(B), FCTRS (Reg. 10) and taking on record FCTRS (Reg. 4) B) FEMA 3 Non submission of ECB statements C) FEMA 120 Second/subsequent remittance without obtaining of UIN will be covered under Item 5 below). Non reporting/delay in reporting of acquisition/setup of subsidiaries/step down subsidiaries /changes in the shareholding pattern D) Any other reporting contraventions (except those in Item 2 below)	Fixed amount : Rs10000/- (applied once for each contravention in a compounding application) + Variable amount as under: Upto 10 lakhs:                  1000 per year Rs.10-40 lakhs:                2500 per year Rs.40-100 lakhs:              7000 per year Rs.1-10 crore    :            50000 per year Rs.10 -100 Crore :        100000 per year Above Rs.100 Crore :   200000 per year
Paragraph 9(1)(A) of Schedule I	Delay in reporting inward remittance for issue of shares.
Paragraph 9(1)(B) of Schedule I	Delay in filing form FC(GPR) after issue of shares