Introduction of Annual return on Foreign Liabilities and Assets reporting and discontinuation of Part B of form FC-GPR

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..... on of the Part B of form FC-GPR Attention of the Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No.40 dated April 20, 2007 wherein, it was, inter-alia, stipulated that Part B, which is an annual return of all investments made in the company during a financial year, is required to be submitted directly by the Company to the Director, Balance of Pay .....

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..... er, the return should be submitted by all the Indian companies which have received FDI and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current year. The Annex -II gives the concepts and definitions useful in filling the Annual Return on Foreign Liabilities and Assets. 3. These directions will come into force with immediate effect. AD Category-I banks may br .....

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