Transaction Purpose Code & Import/Export Code

Ritesh481
New Community Member

Hello,

 

I have started an ecommerce store offering products in US/UK/Canada & Australia. I was asked to pro

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sharpiemarker
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Esteemed Advisor

@Ritesh481 

List of purpose codes and descriptions, choose the closest to your business:

(RECEIPT PURPOSES) https://www.rbi.org.in/upload/notification/pdfs/52220.pdf

(PAYMENT PURPOSES) https://www.rbi.org.in/upload/notification/pdfs/52221.pdf


Kudos & Solved are greatly appreciated. 🙂

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Ritesh481 

List of purpose codes and descriptions, choose the closest to your business:

(RECEIPT PURPOSES) https://www.rbi.org.in/upload/notification/pdfs/52220.pdf

(PAYMENT PURPOSES) https://www.rbi.org.in/upload/notification/pdfs/52221.pdf


Kudos & Solved are greatly appreciated. 🙂
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Ritesh481
New Community Member

@sharpiemarker 

 

Thanks for prompt response, 

 

Could you please suggest what purpose code should be the closest for shopify dropshipping ?  

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Ritesh481 

 

P0108 - Goods sold under merchanting / Receipt against export leg of merchanting trade


Kudos & Solved are greatly appreciated. 🙂
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