RBI Issues Format for eXtensible Business
Reporting Language (XBRL) System to Replace Manual BEF
[RBI
Circular No. 110 dated 18th June 2015]
Sub:
BEF statement - Submission under XBRL
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 Reserve
Bank of India, in the prescribed format, on half yearly basis.
2. It has been
decided to move from manual reporting of above mentioned statement to eXtensible Business Reporting Language (XBRL) system from
half year ended June 2015. With effect from the half year ending June 2015, BEF
submission would be online and Bank-wise instead of the present system of
branch-wise submission, to the respective Regional Offices of the RBI.
3. Earlier, banks
used to submit BEF data in part I & II 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 Username and password,
AD banks are advised to submit the fill-in form (Annex II) through email on or
before June 26, 2015.
5. The directions
contained in this circular have been issued under sections 10(4) and 11(1) of
the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without
prejudice to permissions / approvals, if any, required under any other law.
Annex I
BEF Statement Template
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Name of AD bank |
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Statement for the half-year ended |
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Information regarding importers who have defaulted in
submission of the documentary evidence of import |
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Sr. No |
Authorised Dealer Branch Code |
Branch Transaction Reference Number |
Importer Exporter Code Number |
Name Of the Importer |
Address Of the Importer |
Import License Number, if any |
Date Of Import Licenses |
Commodity Code |
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Information regarding importers who have defaulted in
submission of the documentary evidence of import |
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Whether Capital Goods (Y/N) |
Date of Remittance |
Country Code |
Currency |
Amount In FC |
Rupee Equivalent |
Whether PSU (Y/N) |
Remark |
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Name of contact person |
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Designation |
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Place |
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Date |
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Annex II
Contact
Information Form* for creation of User id- BEF Statement
(Fill in Capital Letters)
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A. |
Name of the Bank |
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B. |
Contact Information |
Do Not Write Here |
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B.1 |
Name |
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B.2 |
Designation |
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B.3 |
Address |
Do Not Write
Here |
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B.3.1 |
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B.3.2 |
City |
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B.3.3 |
State |
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B.3.3 |
Pin code |
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B.4 |
Phone No |
Do Not Write
Here |
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C.4.1 |
STD Code |
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C.4.2 |
Number |
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B.5 |
Fax |
Do Not Write
Here |
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B.4.1 |
STD Code |
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B.4.2 |
Number |
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B.6 |
Email-1 |
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B.7 |
Email-2 |
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*Don’t
keep any column blank. In future, any change should be informed immediately
to E-mail (fedcoexport@rbi.org.in). |
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For
RBI use only (Don't write anything below this line) |
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User ID: Password: |
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