Move from manual reporting of BEF statement - Now submission on line in Extensible Business Reporting Language (XBRL) system from half year ended June 2015.
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BEF reporting in XBRL requires online bank wise submission with single-format disclosure of large defaulted import remittances. Move of BEF reporting to an electronic XBRL platform mandates online, bank wise submission for the half yearly periods ending June and December in a single prescribed format (Annex I) listing remittances for imports that lack supporting evidence after six months from remittance; AD banks must obtain portal credentials via the prescribed fill in form (Annex II).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
BEF reporting in XBRL requires online bank wise submission with single-format disclosure of large defaulted import remittances.
Move of BEF reporting to an electronic XBRL platform mandates online, bank wise submission for the half yearly periods ending June and December in a single prescribed format (Annex I) listing remittances for imports that lack supporting evidence after six months from remittance; AD banks must obtain portal credentials via the prescribed fill in form (Annex II).
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