1. Submission of annual Part B of FCGPR has been discontinued with effect from March 15, 2011.
2. New annual return on Foreign Liabilities and Assets (copy enclosed as Annex 1) has been notified for submission under FEMA.
3. All the Indian companies which have received FDI and/or which have made overseas Direct Investment in the previous year(s), including the latest financial year, should submit this Annual return.
4. The definitions and guidelines for filling-in the return are attached herewith (copy enclosed as Annex II).
5. In case of Foreign direct investment in India (liability side), equity investment should be valued at market price for listed Indian companies while in case of unlisted companies equity should be valued using Own Fund Book value Method (details given in the return), based on books of accounts of Indian reporting company.
6. In case of Foreign direct investment made abroad (asset side) by Indian reporting company, equity should be valued at market price, if the investment is made in listed company abroad. However, if the overseas company, in which you have made the investment, is unlisted then use the Own Fund Book value Method, based on books of accounts of overseas company.
7. You are requested to send all your queries and the softcopy of the scanned signed form only at
surv...@rbi.org.in
Attached herewith Aneexrure for your referece.