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Move from manual reporting of BEF statement - Now submission on line in Extensible Business Reporting Language (XBRL) system from half year ended June 2015.

FEMA - 110 - Dated:- 18-6-2015 - RBI/2014-15/643 A.P.(DIR Series) Circular No. 110 June 18, 2015 To All Category - I Authorised Dealer Banks BEF statement - Submission under XBRL Madam / Sir, Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A.P (DIR Series) Circular No.106 dated June 19, 2003 and A.P. (DIR Series) Circular No.09 dated August 18, 2003, in terms of which AD Category - I banks were required to submit BEF statement, to respective regional offices of .....

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on incremental basis. However, in the proposed module, AD banks have to submit data in a single format (Annex I) giving details of all remittances for import exceeding USD 100,000, as on end of June and December of every year, in respect of which importers have defaulted in submission of appropriate document evidencing import within 6 months from the date of remittance. All other instructions remain unchanged. 4. The details may be accessed at https://secweb.rbi.org.in/orfsxbrl/ . For User name .....

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