XBRL reporting requirement mandates authorised dealer banks to submit gold import statements electronically, replacing manual filings. Authorised Dealer Category I banks must transition import of gold statement submissions to the XBRL system beginning with the half year end in September 2014. Banks must obtain portal access credentials by submitting the prescribed form by the stated deadline; for the transition period they must file both XBRL soft copies and manual MS Excel statements, after which manual monthly and half yearly filings are dispensed with. These directions are issued under the statutory scheme and do not affect other permissions or approvals under applicable law.
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Authorised Dealer Category I banks must transition import of gold statement submissions to the XBRL system beginning with the half year end in September 2014. Banks must obtain portal access credentials by submitting the prescribed form by the stated deadline; for the transition period they must file both XBRL soft copies and manual MS Excel statements, after which manual monthly and half yearly filings are dispensed with. These directions are issued under the statutory scheme and do not affect other permissions or approvals under applicable law.
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