{"id":3860,"date":"2018-03-19T01:16:44","date_gmt":"2018-03-18T19:46:44","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=3860"},"modified":"2021-08-11T16:28:28","modified_gmt":"2021-08-11T10:58:28","slug":"corporate-and-professional-updates-19th-march-2018","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/","title":{"rendered":"ALL ABOUT FOREIGN INWARD REMITTANCE CERTIFICATE"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e86af273479\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e86af273479\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#FOREIGN_INWARD_REMITTANCE_CERTIFICATE\" title=\"FOREIGN INWARD REMITTANCE CERTIFICATE\">FOREIGN INWARD REMITTANCE CERTIFICATE<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#DETAILS_PROVIDED_IN_FIRC_DOCUMENT\" title=\"DETAILS PROVIDED IN FIRC DOCUMENT\">DETAILS PROVIDED IN FIRC DOCUMENT<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#FIRC_TEMPLATE\" title=\"FIRC TEMPLATE\">FIRC TEMPLATE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#TYPES_OF_FIRC\" title=\"TYPES OF FIRC\">TYPES OF FIRC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#PROCEDURE_FOR_REQUESTING_A_FIRC_OR_AN_ADVICE\" title=\"PROCEDURE FOR REQUESTING A FIRC OR AN ADVICE\">PROCEDURE FOR REQUESTING A FIRC OR AN ADVICE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#PROCEDURE_TO_APPLY_FOR_ADVICE_FROM_WISES_PARTNER_BANKS\" title=\"PROCEDURE TO APPLY FOR ADVICE FROM WISE\u2019S PARTNER BANKS\">PROCEDURE TO APPLY FOR ADVICE FROM WISE\u2019S PARTNER BANKS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#TRANSFERS_RECEIVED_VIA_BANK\" title=\"TRANSFERS RECEIVED VIA BANK \n\">TRANSFERS RECEIVED VIA BANK \n<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#ISSUANCE_OF_E-FIRC\" title=\"ISSUANCE OF E-FIRC\">ISSUANCE OF E-FIRC<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-19th-march-2018\/#FAQS_ON_FIRC\" title=\"FAQS ON FIRC\">FAQS ON FIRC<\/a><\/li><\/ul><\/nav><\/div>\n<figure id=\"attachment_13137\" aria-describedby=\"caption-attachment-13137\" style=\"width: 1173px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC..png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-13137\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC..png\" alt=\"FIRC.\" width=\"1173\" height=\"536\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC..png 1173w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC.-300x137.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC.-1024x468.png 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC.-768x351.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/FIRC.-800x366.png 800w\" sizes=\"(max-width: 1173px) 100vw, 1173px\" \/><\/a><figcaption id=\"caption-attachment-13137\" class=\"wp-caption-text\">FIRC.<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"FOREIGN_INWARD_REMITTANCE_CERTIFICATE\"><\/span><span style=\"color: #ff0000;\">FOREIGN INWARD REMITTANCE CERTIFICATE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000080;\"><strong>BRIEF INTRODUCTION<\/strong><\/span><\/p>\n<p>As a merchant or service exporter who receives international payments from customers, a FIRC is\u00a0a vital\u00a0document\u00a0to possess. This guide\u00a0is meant\u00a0to assist\u00a0global eCommerce sellers comprehend the FIRC process. Read on\u00a0to be told\u00a0more on what\u00a0you wish\u00a0to grasp\u00a0about getting paid in India and receiving a FIRC.<\/p>\n<p>FIRC:\u00a0in keeping with\u00a0the\u00a0banking company\u00a0of India (<a href=\"https:\/\/carajput.com\/blog\/tag\/rbi\/\">RBI)\u00a0<\/a>and also the\u00a0exchange\u00a0Dealers Association in India (FEDAI), a FIRC (Foreign Inward Remittance Certificate)\u00a0may be a\u00a0document that acts as proof of foreign transfers to India. Many authorities use this document as evidence that\u00a0a personal\u00a0or business has received a payment\u00a0in a very\u00a0foreign currency from abroad.<\/p>\n<p>In India, sellers\u00a0and repair\u00a0exporters are required to FIRC,\u00a0which may\u00a0typically take over six months\u00a0to urge.\u00a0additionally, customers\u00a0have to\u00a0provide paper applications to their banks\u00a0for each\u00a0single transaction made\u00a0and that they\u00a0would\u00a0should\u00a0follow up with banks\u00a0further. Also, it is commonly seen that banks tends to charge higher fees for processing FIRC requests.<\/p>\n<p><span style=\"color: #000080;\"><strong>A\u00a0DOCUMENT AS PROOF OF\u00a0AN OVERSEAS\u00a0TRANSFER TO INDIA<\/strong><\/span><\/p>\n<p>According to guidelines from the\u00a0depository financial institution\u00a0of India (RBI) and letters circulated by FEDAI (Foreign Exchange Dealers Association in India),\u00a0the subsequent\u00a02 documents\u00a0are often\u00a0issued by A.D (Authorized Dealer) Category I banks in India as proof of foreign transfers to India.<\/p>\n<ol>\n<li><strong><span style=\"color: #000080;\">Physical Foreign Inward Remittance Certificate (FIRC)<\/span><\/strong><\/li>\n<\/ol>\n<p>A physical FIRC\u00a0could also be\u00a0issued\u00a0just for\u00a0inward remittances covering Foreign Direct Investment (<a href=\"https:\/\/carajput.com\/blog\/tag\/foreign-direct-investment\/\">FDI<\/a>) \/ Foreign Institutional Investment (FII). Payments for these purposes are only allowed through banking channels as per RBI guidelines.\u00a0this implies\u00a0we can\u2019t complete transfers for FDI\/FII on your behalf, so a FIRC can\u2019t be issued.<\/p>\n<ol start=\"2\">\n<li><strong><span style=\"color: #000080;\">Electronic FIRC (e-FIRC)<\/span><\/strong><\/li>\n<\/ol>\n<p>As per the regulations provided by the RBI, the AD Category I banks is required to report all the money transfers made to India, to Export and Data Monitoring Systems (EDPMS). This includes any advances or outstanding transfers they\u2019ve received for the export\u00a0of products\u00a0or software. Banks that receive these\u00a0styles of\u00a0transfers will issue an electronic FIRC to EDPMS when the exporter asks them to.<\/p>\n<p>If your transfer falls into this category,\u00a0it&#8217;ll\u00a0be subject to EDPMS reporting. So please\u00a0ensure\u00a0you\u2019re in line with RBI regulations.\u00a0you&#8217;ll\u00a0check this\u00a0along with your\u00a0bank (the one that received the transfer)\u00a0and so\u00a0apply for an e-FIRC with\u00a0one in every of\u00a0our partner banks (the one that processed your transfer). There are more details on\u00a0a way to\u00a0try this\u00a0below.<br \/>\nFIRC Request Format<\/p>\n<h3><span class=\"ez-toc-section\" id=\"DETAILS_PROVIDED_IN_FIRC_DOCUMENT\"><\/span><span style=\"color: #000080;\"><strong>DETAILS PROVIDED IN FIRC DOCUMENT<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Beneficiary\u2019s name<\/li>\n<li>Indication of whether\u00a0the quantity\u00a0is paid by cash or to the person\u2019s\u00a0checking account<\/li>\n<li>Name and address of the\u00a0one that\u00a0sent\u00a0the cash<\/li>\n<li>Name and address of\u00a0the primary\u00a0bank who processed the foreign transaction<\/li>\n<li>Demand Draft (DD) or Telegraphic Transfer (TT) number or Cheque number<\/li>\n<li>The amount denominated\u00a0therein\u00a0foreign currency<\/li>\n<li>Any equivalent amount as determined in the denomination of rupees (both in words as well as in numbers)<\/li>\n<li>Name of the recipient of the funds<\/li>\n<li>The\u00a0rate of exchange\u00a0that was applied to the transaction<\/li>\n<li>The purpose of the remittance<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"FIRC_TEMPLATE\"><\/span><span style=\"color: #000080;\"><strong>FIRC TEMPLATE<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13138\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/1.png\" alt=\"\" width=\"806\" height=\"1088\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/1.png 654w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/1-222x300.png 222w\" sizes=\"(max-width: 806px) 100vw, 806px\" \/><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"TYPES_OF_FIRC\"><\/span><span style=\"color: #000080;\"><strong>TYPES OF FIRC<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><span style=\"color: #000080;\"><strong>Physical FIRC<\/strong><\/span><\/li>\n<\/ol>\n<p>Formally discontinued as of 2016, from 2016 onwards remitter banks issue another document called an advice, a press release or a NOC for your home bank to complete the e-FIRC process.<\/p>\n<ol start=\"2\">\n<li><span style=\"color: #000080;\"><strong>E-FIRC<\/strong><\/span><\/li>\n<\/ol>\n<p>This process is completed by your home bank after they receive an advice, statement or NOC from the remitter bank and after they collect additional required documents as explained below. Typically, the house bank, when satisfied with the documents, generate an Inward Remittance (IRM) on the govt. export portal (EDPMS), and also the IRM number is brought up further as e-FIRC number.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"PROCEDURE_FOR_REQUESTING_A_FIRC_OR_AN_ADVICE\"><\/span><span style=\"color: #000080;\"><strong>PROCEDURE FOR REQUESTING A FIRC OR AN ADVICE<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>If your transaction falls under the reporting of EDPMS, your transaction is eligible for an e-FIRC.\u00a0you&#8217;d\u00a0must\u00a0follow RBI regulations\u00a0and also the\u00a0bank in India where the remittance was received.<\/li>\n<li>In other cases, to request a FIRC, a letter to the bank will\u00a0must\u00a0be sent with\u00a0the subsequent\u00a0details of the transaction:<\/li>\n<\/ol>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>UTR number<\/li>\n<li>Account number<\/li>\n<li>Amount of the transfer<\/li>\n<li>Date of the transfer<\/li>\n<li>Purpose of the transfer<\/li>\n<li>Name of recipient<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">The recipient will then have to pay money for the issuance of the FIRC which can be delivered either physically or electronically.<\/p>\n<ol start=\"3\">\n<li>Foreign Inward Remittance Advice &#8211; If your transfer doesn\u2019t fall in either\u00a0of those\u00a02 categories above,\u00a0you&#8217;ll\u00a0apply for\u00a0an overseas\u00a0Inward Remittance Advice (certificate of inward remittance) from the partner bank that processed your transfer. Advice\u00a0is barely\u00a0available for businesses.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"PROCEDURE_TO_APPLY_FOR_ADVICE_FROM_WISES_PARTNER_BANKS\"><\/span><span style=\"color: #000080;\"><strong>PROCEDURE TO APPLY FOR ADVICE FROM WISE\u2019S PARTNER BANKS<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>To apply for advice, please contact the banking partner that processed your transfer.\u00a0we&#8217;ve got\u00a02 banking partners in India, Yes Bank and HDFC.\u00a0you&#8217;ll\u00a0tell which banking partner we used for your transfer by\u00a0staring at\u00a0your PDF receipt.<\/p>\n<p>Transfers received via HDFC can issue an e-FIRC if your recipient&#8217;s\u00a0checking account\u00a0is additionally\u00a0with HDFC.<\/p>\n<p>You can request an E-FIRC by emailing both vostro@hdfcbank.com and indialink.helpdesk@hdfcbank.com \u2014\u00a0ensure\u00a0to connect\u00a0the transfer receipt.<br \/>\nIf your recipient&#8217;s bank isn&#8217;t with HDFC,\u00a0you will need\u00a0to achieve\u00a0dead set\u00a0their bank\u00a0to urge\u00a0the E-FIRC instead.<\/p>\n<p>If\u00a0you wish\u00a0credit advice from HDFC,\u00a0rather than\u00a0an E-FIRC,\u00a0you&#8217;ll be able to\u00a0request this by emailing both vostro@hdfcbank.com and <a href=\"mailto:indialink.helpdesk@hdfcbank.com\">indialink.helpdesk@hdfcbank.com<\/a>. One important thing to keep in mind, is that the charges for getting credit advice from HDFC depends as follows &#8211;<\/p>\n<ul>\n<li>If the transfer\u00a0is a smaller amount\u00a0than a year old \u2014 177 INR<\/li>\n<li>If the transfer is quite a year old \u2014 354 INR<\/li>\n<\/ul>\n<p>More read:<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/blog\/key-characteristics-for-auto-population-of-e-invoice-details-in-gstr-1-2a-2b-4a-6a\/\">Key characteristics for Auto-population of e-invoice<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/overview-of-invoice-furnishing-facility-iff-under-qrmp-scheme\/\">Overview of Invoice Furnishing Facility (IFF) Under QRMP Scheme<\/a><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"TRANSFERS_RECEIVED_VIA_BANK\"><\/span><strong><span style=\"color: #000080;\">TRANSFERS RECEIVED VIA BANK<\/span><br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For transfers received via Yes Bank, you&#8217;ll request an e-FIRC. to try and do this:<\/p>\n<ol>\n<li>Pay YES BANK 354 INR for FIRC issuance charges. There are 2 options to pay:<\/li>\n<\/ol>\n<ul>\n<li>Transferring the money using NEFT to the account using the following details &#8211; Account number: 105051718 IFSC: YESB0000001<\/li>\n<li>Or by demand draft to YES BANK Ltd, using this address: YES BANK Ltd Inward Remittance Team, 5th floor, Tower 2, India-bulls Finance Centre, Prabhadevi (West), Mumbai &#8211; 400013<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">Keep note of the reference number, as you\u2019ll must send it to YES BANK.<\/p>\n<ol start=\"2\">\n<li>Send an email to singh@carajput.com with\u00a0the topic\u00a0\u201cRequest for FIRC advice.\u201d<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">In the e-mail, you\u2019ll have to include the Inward Remittance Transaction details, a sound purpose code for the transaction, an NOC from the beneficiary bank (unless the payment is thru YES BANK), and therefore the transaction reference number for the FIRC issuance charges you paid. You\u2019ll also must attach the Wise receipt to your email.<\/p>\n<ol start=\"3\">\n<li>BANK will then verify\u00a0the small print\u00a0and send the beneficiary the FIRC advice.<\/li>\n<\/ol>\n<ul>\n<li>It takes approximately 7\u201310 days for completing the steps mentioned above. If you don\u2019t follow the steps exactly, there\u00a0may be\u00a0delays in getting the FIRC advice.<\/li>\n<li>Please don\u2019t courier documents to BANK offices or visit their branches\u00a0nose to nose\u00a0to create\u00a0a FIRC request.<\/li>\n<li>All the transfers in respect of Export, import, trade, and business related, made to India are regulated as per the guidelines of RBI and FEDAI. Please review these guidelines closely\u00a0to raised\u00a0understand whether a FIRC\u00a0will be\u00a0issued for your transfer.<\/li>\n<li>Remember that FDI transfers aren&#8217;t allowed under RDA. So, please don\u2019t submit FIRC requests about FDI transfers employing a different purpose code.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"ISSUANCE_OF_E-FIRC\"><\/span><span style=\"color: #000080;\"><strong>ISSUANCE OF E-FIRC<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>When the export proceeds for an export\u00a0of products\u00a0and services is received by a bank\u00a0apart from\u00a0the bank through which documents are submitted, the recipient bank issues an e-FIRC\u00a0to attach\u00a0the 2. Typically, when\u00a0the house\u00a0bank is satisfied with the documents will generate an Inward remittance (IRM) on\u00a0the govt\u00a0export portal (EDPMS),\u00a0and also the\u00a0IRM number is\u00a0mentioned\u00a0further as e-FIRC number.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQS_ON_FIRC\"><\/span><span style=\"color: #ff0000;\"><strong>FAQS ON FIRC<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/4.bp.blogspot.com\/-wNJClJqatnY\/VyitHIW_mDI\/AAAAAAAAJWQ\/aADIWyCr7kwwv9OmGZd_ZtMc0FhhDqH_ACLcB\/s1600\/corporate.jpg\" alt=\"Image result for corporate and updates\" \/><\/p>\n<ol>\n<li><span style=\"color: #000080;\"><strong>Who requires a FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p>Indian sellers or service providers receiving international payments require a FIRC. Some examples are as follows \u2013<\/p>\n<ul>\n<li>A salaried individual getting compensation in foreign currency.<\/li>\n<li>A freelancer getting compensation in foreign currency.<\/li>\n<li>An E-commerce seller having customers making payment in foreign currency<br \/>\nSo, how are you able to obtain a FIRC certificate? Well, before we go on thereto section, we want to brush au fait some related concepts.<\/li>\n<\/ul>\n<ol start=\"2\">\n<li><strong><span style=\"color: #000080;\">What is Export\u00a0processing\u00a0and Monitoring System (EDPMS)?<\/span><\/strong><\/li>\n<\/ol>\n<ul>\n<li>RBI launched the Export\u00a0processing\u00a0and Monitoring System (EDPMS) portal,\u00a0an internet\u00a0software in 2014. It helps digitize export transactions.\u00a0it&#8217;s\u00a0helped improve foreign trade operations and facilitated\u00a0the convenience\u00a0of doing business in India.<\/li>\n<li>With the introduction of EDPMS, the concept of FIRS (Foreign Inward Remittance Statement) came into play.<\/li>\n<li>For the realization of export proceeds, FIRS is nearly as good as a FIRC.<\/li>\n<\/ul>\n<ol start=\"3\">\n<li><strong><span style=\"color: #000080;\">What is IRM (Inward Remittance Message)?<\/span><\/strong><\/li>\n<\/ol>\n<ul>\n<li>Inward remittance is any amount\u00a0of cash\u00a0transferred in an account.<\/li>\n<li>However, foreign inward remittance specifically refers to money sent into an account from someone outside the country.<\/li>\n<li>After the funds are completely credited to the beneficiary account, the bank reports IRM in EDPMS.\u00a0this can be\u00a0possible through NOSTRO, VOSTRO or RTGS\/NEFT. After that,\u00a0the house\u00a0bank uses the IRM\u00a0to shut\u00a0the EDPMS entry if\u00a0they&#8217;re\u00a0satisfied with the bonafides of transactions. Before reporting IRM in EDPMS,\u00a0the house\u00a0bank also ensures that\u00a0there&#8217;s\u00a0no KYC \/ AML concern.<\/li>\n<\/ul>\n<ol start=\"4\">\n<li><span style=\"color: #000080;\"><strong>What is AD?\u00a0is that the\u00a0beneficiary bank\u00a0the identical\u00a0because the\u00a0bank that issues the AD?<\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>AD stands for \u2018Authorized Dealer\u2019 Bank. As outlined in (Foreign Exchange Management Act) FEMA guidelines, banks\u00a0function\u00a0AD Category I Banks who are authorized parties to conduct money exchange.<\/li>\n<li>When an exporter ships his product abroad,\u00a0it&#8217;s\u00a0to\u00a0taste\u00a0Indian customs.<\/li>\n<li>Here, the exporter\u00a0needs to\u00a0submit the IEC code (import-export code) and AD (Authorized Dealer) code against which the shipment\u00a0is finished.<\/li>\n<\/ul>\n<ol start=\"5\">\n<li><span style=\"color: #000080;\"><strong>Can a person undertake import\/export business without having the Import Export Code (IEC)?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">On\u00a0the opposite\u00a0hand, the Authorized Dealer Code (AD Code)\u00a0may be a\u00a014-digit numerical code.\u00a0it&#8217;s\u00a0provided by the bank where the exporter\u00a0encompasses an\u00a0accounting. One requires the AD code at every port for custom clearance of\u00a0the products.<\/p>\n<p style=\"padding-left: 40px;\">In most cases, the bank that issues the AD code\u00a0and therefore the\u00a0beneficiary bank (that received the credit)\u00a0is that the\u00a0same.\u00a0during this\u00a0case, RJA banking partner will provide the e-FIRS copy to the exporter. The e-FIRS copy is\u00a0nearly as good\u00a0because the\u00a0FIRC itself.<\/p>\n<p style=\"padding-left: 40px;\">However,\u00a0just in case\u00a0the beneficiary bank is different from the AD Bank (whose code is shared at customs), the recipient bank will issue the e-FIRC to the AD bank.<br \/>\nLet us assume that Bank ABC receives the foreign remittance of services and goods.<br \/>\nHowever, Bank XYZ\u2019s code is submitted at the time of shipment.<\/p>\n<p style=\"padding-left: 40px;\">So here, Bank ABC will issue an e-FIRC to Bank XYZ. Bank XYZ will pass the IRM\u00a0to shut\u00a0the EDPMS entry.<\/p>\n<ol start=\"6\">\n<li><span style=\"color: #000080;\"><strong>How do\u00a0I purchase\u00a0my digital FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">You will receive your digital FIRC\u00a0on to\u00a0your Pioneer account.\u00a0you&#8217;ll be able to\u00a0then download your digital FIRC within 7-15 days of receiving a payment. Please note: Some outstanding FIRC requests may take longer to process.<\/p>\n<ol start=\"7\">\n<li><span style=\"color: #000080;\"><strong>What are\u00a0the fees\u00a0related to\u00a0the digital FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">For a limited time only, your digital FIRC\u00a0are\u00a0freed from\u00a0charge.\u00a0we are going to\u00a0notify you\u00a0beforehand\u00a0when this offer expires.<\/p>\n<ol start=\"8\">\n<li><span style=\"color: #000080;\"><strong>How do I access my digital FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">To access your digital FIRC, please see the section above under How does it work and follow the steps written.<br \/>\nHowever,\u00a0you&#8217;ll be able to\u00a0only be eligible for e-FIRC if your transaction falls under the reporting of EDPMS.<\/p>\n<ol start=\"9\">\n<li><span style=\"color: #000080;\"><strong>How\u00a0am I able to\u00a0get a FIRC in India?<\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>First of all, a request is to be made in respect of Foreign Inward Remittance Statement or Advice<\/li>\n<li>Let\u2019s assume\u00a0you&#8217;re\u00a0a business that has credited a payout to an Indian beneficiary. Once\u00a0you&#8217;ve got\u00a0credited the payout, your beneficiary\u00a0would require\u00a0a FIRS certificate.\u00a0this can be\u00a0also called as Foreign Inward Remittance Advice (FIRA) or Advice. The FIRS\u00a0has got to\u00a0be requested from the bank that processed the foreign transaction.<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">It is important\u00a0to notice\u00a0that e-FIRS is\u00a0pretty much as good\u00a0because the\u00a0FIRC.\u00a0you simply\u00a0have to\u00a0specifically get the FIRC if the beneficiary bank is different from the bank issued the AD code.<\/p>\n<ol start=\"10\">\n<li><span style=\"color: #000080;\"><strong>What is the format of FIRC certificate \/ FIRC request letter?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">To request a FIRC, your beneficiary\u00a0should\u00a0draft a letter to their bank. The letter should include these following details:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Beneficiary Details i.e., beneficiary in India<\/li>\n<li>Buyer Details\u00a0to spot\u00a0the overseas buyer<\/li>\n<li>Details related to the payment or the amount realized in foreign currency, and the same be reported in terms of Indian Rupees.<\/li>\n<li>The Unique Transaction Number (UTR)<\/li>\n<li>Purpose Code to spot the character of the cross-border transaction. This will help in identifying the source as well as the destination of funds remitted. it&#8217;s extremely important to say the aim of remittance honestly. this can be because banks usually kindle proof of the aim listed by people.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Indian Bank generates the IRM<\/strong><\/span><\/p>\n<p style=\"padding-left: 40px;\">Once the bank is satisfied with all the documents, it generates an Inward Remittance Message (IRM) on the govt export portal called EDPMS. Thereafter, this IRM number is named the FIRC number.<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>FIRC is issued<\/strong><\/span><\/p>\n<p style=\"padding-left: 40px;\">Once the payment is made, the beneficiary bank shall issue the FIRC electronically or physically to the concerned person.<\/p>\n<ol start=\"11\">\n<li><span style=\"color: #000080;\"><strong>What is the process of getting the e-FIRS?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">The process of getting the FIRC\u00a0are often\u00a0a small amount\u00a0tedious. But\u00a0there&#8217;s\u00a0the simplest way\u00a0to chop\u00a0through this hassle.<\/p>\n<p style=\"padding-left: 40px;\">If\u00a0you&#8217;re\u00a0a RJA merchant, the beneficiary email ID is shared with the bank at the time of transfer and our bank partners will issue the e-FIRS\u00a0on to\u00a0your beneficiary\u2019s email address. In fact,\u00a0it&#8217;ll\u00a0be sent on\u00a0the identical\u00a0day your payout is processed.<\/p>\n<ol start=\"12\">\n<li><span style=\"color: #000080;\"><strong>What is e-FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">e FIRC\u00a0is that the\u00a0electronic version of FIRC. Since June 20, 2016, banks have stopped issuing physical FIRC. Now, people use the terms FIRC and e-FIRC interchangeably.<\/p>\n<ol start=\"13\">\n<li><span style=\"color: #000080;\"><strong>What is the difference between Physical FIRC and e-FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>Before the introduction of EDPMS, banks used to issue a physical Foreign Inward Remittance Certificate against every transaction. However,\u00a0the govt\u00a0discontinued the physical FIRC in 2016.<\/li>\n<li>Nowadays, a physical FIRC\u00a0is simply\u00a0issued\u00a0just in case\u00a0of FDI and FII.<\/li>\n<li>For all other foreign remittances and transactions, banks issue an e-FIRC.<\/li>\n<li>Moreover, post the introduction of EDPMS, FIRS is employed today for the realization of export proceeds.<\/li>\n<\/ul>\n<ol start=\"14\">\n<li><span style=\"color: #000080;\"><strong>How does the FIRC and BRC differ from each other?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Often, the difference between the BRC (Bank Realization Certificate) and FIRC (Foreign Inward Remittance Certificate)\u00a0isn&#8217;t\u00a0very clear.<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>In case of initial transactions, the beneficiary\u2019s Authorized Dealer Banks will issue both BRC and Foreign Inward Remittance certificates to customers for receiving amounts from foreign countries.<\/li>\n<li>However, here is what differentiates them: A bank issues the Foreign Inward Remittance Certificate in\u00a0reference to\u00a0any receipt of an amount from foreign countries. Now, this amount\u00a0is often\u00a0remuneration or advance payment on exports, air freight or ocean.<\/li>\n<li>The beneficiary\u2019s bank issues the Bank Realization Certificate specifically in\u00a0respect to\u00a0the export\u00a0of products. In fact, bank issue the BRC on each shipment of export proceeds.<\/li>\n<li>Let us assume\u00a0you&#8217;re\u00a0an exporter.\u00a0chances are high that\u00a0you would like\u00a0to avail the financial assistance or\u00a0duty\u00a0exemptions provided by the Government\/\u00a0bureau.<\/li>\n<li>However, these agencies require proof of your exports\u00a0to say\u00a0those benefits.<\/li>\n<li>BRC acts as proof of your export activities and helps you avail those exemptions. RJA banking partner issue the FIRS. On its basis, the beneficiary bank issue the BRC \/ FIRC.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ol start=\"15\">\n<li><span style=\"color: #000080;\"><strong>Who will issue the FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">The FIRC is issued by the beneficiary bank and its quite lengthy process. However, if you&#8217;re a RJA customer, this process is made simpler. Our banking partner would issue an e-FIRS (Foreign Inward Remittance Statement) against every transaction to the beneficiary email address. In fact, our banking partners will issue the e-FIRS\u00a0on to\u00a0the beneficiary on\u00a0the identical\u00a0day your payout is processed.<\/p>\n<ol start=\"16\">\n<li><span style=\"color: #000080;\"><strong>How can your seller\/service provider gain instant access to e-FIRS?<\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>While initiating a transfer request with RJA, please\u00a0make sure that\u00a0you include\u00a0the proper\u00a0\u2018Email ID\u2019\u00a0cherish\u00a0your seller\/service provider.<\/li>\n<li>But understanding\u00a0a way to\u00a0get a FIRC certificate\u00a0is simply\u00a0half the work done.\u00a0it&#8217;s\u00a0also important\u00a0to grasp\u00a0why.<\/li>\n<\/ul>\n<ol start=\"17\">\n<li><span style=\"color: #000080;\"><strong>What is\u00a0the utilization\u00a0of FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">So, why is that the Foreign Inward Remittance Certificate important for your beneficiaries in India? Have a glance It is legal proof<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>FIRC\u00a0is\u00a0evidence for receiving international payments in India. Without it, your beneficiaries\u00a0may be\u00a0at risk of\u00a0legal troubles\u00a0which might\u00a0reach\u00a0your own organization.<\/li>\n<li>The FIRC &amp; BRC are crucial documents required by DGFT (Directorate General of Foreign Trade), Central Board of Indirect Taxes and Customs\u00a0to say\u00a0any export-related incentives.<\/li>\n<li>In fact, they&#8217;re equally crucial to say custom duty exemptions, refunds on service tax or the other financial assistance.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>Proof of shares purchased<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Let\u2019s take another situation where the FIRC can prove itself indispensable. Assume you issue shares\u00a0within the\u00a0name of a person\/ company that exists outside\u00a0a rustic. Here, it acts\u00a0because the\u00a0proof\u00a0of cash\u00a0received by that person\/company in lieu of share application.<\/li>\n<li>Alternatively, let\u2019s assume that a resident Indian sells or transfers his shares to some non-resident Indian or foreign identity. Here, the FIRC certificate is proof that the resident seller\u00a0possesses\u00a0the consideration for the share purchase.<\/li>\n<li>Moreover,\u00a0it&#8217;s\u00a0an awfully\u00a0crucial document which is submitted to DGFT (Director General of Foreign Trade)\u00a0just in case\u00a0of EPCG (Export Promotion Capital Goods) and Advance License.<\/li>\n<li>Export Promotion Capital Goods (EPCG)\u00a0may be a\u00a0scheme by DGFT to facilitate import of capital goods. This Scheme allows import of capital goods at zero\u00a0duty.<\/li>\n<li>Furthermore, an Advance License is issued to permit duty-free import of inputs that are incorporated within the export product.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>To prove no GST on services<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>If services are exported, no GST is levied. In such cases, FIRC acts as\u00a0a crucial\u00a0proof of export of services and remittances which are received in lieu of them.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ol start=\"18\">\n<li><span style=\"color: #000080;\"><strong>What\u00a0to try to do\u00a0if the FIRS\u00a0isn&#8217;t\u00a0received?<\/strong><\/span><\/li>\n<\/ol>\n<p>Write an email to singh@carajput.com\u00a0and that we\u00a0shall\u00a0facilitate you\u00a0with\u00a0a replica\u00a0copy.<\/p>\n<ol start=\"19\">\n<li><span style=\"color: #000080;\"><strong>What is FIRC in export?<\/strong><\/span><\/li>\n<\/ol>\n<p>FIRC in export\u00a0could be a\u00a0certificate issued by banks as proof of international payments. This certificate mentions all\u00a0the small print\u00a0of remittance. Exporters may show this certificate\u00a0to numerous\u00a0government authorities if they apply for financial assistance and other government support.<\/p>\n<ol start=\"20\">\n<li><span style=\"color: #000080;\"><strong>Which bank will report IRM in EDPMS?<\/strong><\/span><\/li>\n<\/ol>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13139\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/2.png\" alt=\"\" width=\"939\" height=\"492\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/2.png 939w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/2-300x157.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/2-768x402.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/03\/2-800x419.png 800w\" sizes=\"(max-width: 939px) 100vw, 939px\" \/><\/a><\/p>\n<ol start=\"20\">\n<li><span style=\"color: #000080;\"><strong>Do freelancers require a FIRC?<\/strong><\/span><\/li>\n<\/ol>\n<p>If\u00a0you&#8217;re\u00a0a freelancer and receiving foreign remittances,\u00a0you may\u00a0require a FIRC as proof. In fact, this goes for freelance bloggers, artists and sellers\u00a0similarly.<\/p>\n<ol start=\"22\">\n<li><span style=\"color: #000080;\"><strong>What is a Purpose Code?<\/strong><\/span><\/li>\n<\/ol>\n<p>Reserve Bank of India (RBI) issues\u00a0the aim\u00a0Code which\u00a0may be a\u00a0unique code to specify\u00a0the sort\u00a0of foreign currency transactions. This code\u00a0is important\u00a0because RBI prohibits certain\u00a0kinds of\u00a0payments. This helps RBI curb illegal transactions.<br \/>\nHence, the FIRC request letter must have\u00a0the aim\u00a0code attached.<\/p>\n<ol start=\"23\">\n<li><span style=\"color: #000080;\"><strong>What are\u00a0the most recent\u00a0FIRC RBI guidelines?<\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>You can\u00a0confer with\u00a0the most recent\u00a0version of RBI guidelines on Export\u00a0of products\u00a0and Services, as of October 19, 2020.<\/li>\n<li>Well, that was\u00a0quite a\u00a0lot\u00a0of data.<\/li>\n<li>We hope this blog helped you understand the ins and outs of the Foreign Inward Remittance Certificate and therefore the process of obtaining it.<\/li>\n<\/ul>\n<ol start=\"24\">\n<li><span style=\"color: #000080;\"><strong>What are the provisions in respect of Inward Remittances?<\/strong><\/span><\/li>\n<\/ol>\n<p>Inward Remittance\u00a0is employed\u00a0for remittance from Overseas Bank to Domestic Bank. Inward Remittance\u00a0is\u00a0against Export of Goods\/ Services, Investment purpose, Donations, Gifts, etc.<\/p>\n<p>Procedure of Inward Remittance<\/p>\n<ol>\n<li><strong>Remitter Side:<\/strong><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">At\u00a0the primary\u00a0stage the Sender\u00a0of cash\u00a0(Remitter) goes to his\u00a0checking account\u00a0and submit the request for payment into receiver\u2019s (Remittee) account.<\/p>\n<p style=\"padding-left: 40px;\">For remittance\u00a0the data\u00a0required by Remitter bank of Remittee are:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Remittee Name and Address<\/li>\n<li>Bank Account number<\/li>\n<li>Bank Branch details<\/li>\n<li>Swift Code of Bank<\/li>\n<li>Nationality of Bank<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">After completion of the transaction Remitter Bank provide an acknowledgement of transfer which the Remitter\u00a0has got to\u00a0provide to the Remittee.<\/p>\n<ol>\n<li><span style=\"color: #000080;\"><strong>Remittee Side:<\/strong><\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">After completion of the transfer the Remittee bank holds the number for Procedural completion and compliance check. The Remittee must contact his bank and supply all the relevant documents asked by the Bank.<\/p>\n<p style=\"padding-left: 40px;\">Generally, documents required by the Bank are:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Invoice against which payment\u00a0is created<\/li>\n<li>Contract<\/li>\n<li>Purpose Code list\u00a0that\u00a0the payment is received (Bank Share this list),<\/li>\n<li>Details of the remittance, invloing the amount in Foreign currency along with the remitter\u2019s name.<\/li>\n<li>Bank Generally take 1-2 working days to complete the transaction. For First time inward remittance the Bank usually take 3-4 working days.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">Other things to be kept in Mind\u00a0associated with\u00a0Inward Remittances<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>The Remittee is required\u00a0to stay\u00a0all the records for future reference. Remittee\u00a0is additionally\u00a0required\u00a0to stay\u00a0a replica\u00a0of FIRC (Foreign Inward Remittance Certificate)\u00a0within the\u00a0records. FIRC\u00a0will be\u00a0taken from the Remittee\u2019s Bank.<\/li>\n<li>For Inward Remittance RBI approval\u00a0is additionally\u00a0required in some cases. However, your bank takes care of\u00a0that almost all\u00a0of the time.<br \/>\nBank Charges for Inward Remittances<\/li>\n<li>Generally, no amount is charged by the Bank in respect of inward remittances. However, the Bank charges GST on their fees. So, the GST is payable to the Bank<\/li>\n<li>Other thing is that\u00a0there&#8217;s\u00a0difference in\u00a0rate\u00a0and also the\u00a0rate at which the bank clears your funds. Generally, it falls from 50 paise-70 paise per dollar.<\/li>\n<li>So, overall, your deduction in inward remittance fall to around Rs 1 per dollar.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>FOREIGN INWARD REMITTANCE CERTIFICATE BRIEF INTRODUCTION As a merchant or service exporter who receives international payments from customers, a FIRC is\u00a0a vital\u00a0document\u00a0to possess. This guide\u00a0is meant\u00a0to assist\u00a0global eCommerce sellers comprehend the FIRC process. Read on\u00a0to be told\u00a0more on what\u00a0you wish\u00a0to grasp\u00a0about getting paid in India and receiving a FIRC. FIRC:\u00a0in keeping with\u00a0the\u00a0banking company\u00a0of India (RBI)\u00a0and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[9965],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3860"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=3860"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3860\/revisions"}],"predecessor-version":[{"id":15446,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3860\/revisions\/15446"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=3860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=3860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=3860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}