Jun 22, 2012

Revised format of Annual return on Foreign Liabilities and Assets

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Revised format of Annual return on Foreign Liabilities and Assets
As per the current FDI Policy, all Indian Companies which have received FDI or have made direct investment outside India in the previous year(s) including the current year, are required to file annual return on Foreign Liabilities and Assets (FLA) to the Director, External Liabilities and Assets Statistics Division, Department of Statistics and Information Management (DSIM), Reserve Bank of India, C-8, 3rd floor, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, by July 15 of every year.
With the perspective to ease the procedure of filing, the Reserve Bank of India vide A.P. (DIR Series) Circular No.133 dated 20th June, 2012 has introduced the Revised Format of annual return on Foreign Liabilities and Assets (FLA). The Revised format is available both in soft as well as physical filling mode. The soft form along with the guidance and in-built validations is available on the RBI website (www.rbi.org.in ? Forms category ? FEMA Forms) which can be duly filled-in, validated and sent by e-mail, by July 15 every year. Any queries related to filling of annual return should be e-mailed to surveyfla@rbi.org.in . The facility of electronic filing of return is in addition to the existing physical filing.


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