Reserve Bank of India

11.02.2016

Banking

Compilation of R-Returns: Reporting under FETERS

MANU/APDR/0012/2016

The Reserve Bank of India notified modifications to guidelines for submission of data under the Foreign Exchange Transactions Electronic Reporting System. The amendments are applicable to transactions taking place from 1 April, 2016. Among other changes, email-based submission will be replaced by web-portal based data submission details to log into which will be provided by the RBI. Transactions relating to Liberalised Remittance Scheme may be reported under FETERS purpose codes specified instead of reporting collectively under the purpose code S0023.

Relevant

Compilation of R-Returns: Reporting under FETERS MANU/APDR/0037/2012

Tags : Feters online remittance reporting purpose code

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