BEF
[Paragraph 7A.20(v)]Name and address of AD branch _______________ Name of Controlling Office of AD branch _______________
Statement showing details of remittances effected towards import in respect of which documentary evidence of import has not been submitted by the importers despite reminders
Statement for the quarter ended …………………….. 19........NOTES:
- Details of transactions where the value of import (i.e. amount of remittance) does not exceed Rs.3,00,000 or its equivalent need not be included in the statement to RBI. Such cases should be vigorously followed up by the authorised dealers themselves. The Controlling Office of authorised dealer under which the branch is functioning should ensure and satisfy that the branch has been effectively following up such cases. A Special Report of cases where in spite of vigorous follow up, the documentary evidence is not submitted by the importer should be submitted to Reserve Bank separately giving full details of transactions for further action.
- The statement should include details of all remittances from India or payments from abroad in connection with imports, including advance payments, delayed payments, etc. irrespective of the source of funding (i.e. EEFC accounts/foreign currency accounts maintained in India and abroad, payments out of external commercial borrowing, foreign investments in the shares of importers etc.)
- The cases reported in Part I of statement for the previous quarter should not be reported again in Part I of the statement for the current quarter.
- In case no transaction is required to be reported a NIL statement should be submitted to RBI.
- Statement should be submitted to RBI within 15 days from the end of the quarter.
| Part I: | Information regarding importers who are defaulted in
submission of the documentary evidence of import |
| Sr.No. | Importer/Exporter Code No. | Name and address of importer | No. and date of Import Licence,if any | Brief description of goods | Date of remittance/payment | Amount remitted/paid | Remarks |
| Currency & Amount | Rupee Equivalent | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| A. | Particulars of imports made by persons/parties other than Public Sector Undertakings/Government departments |
1.
2.
3.
4.
etc | |
| B. | Particulars of imports made by Public Sector Undertaking/Government Departments |
1.
2.
3.
4.
etc. | |
| Part II : | Information regarding subsequent receipt of Exchange Control copy of Bills of Entry for Home Consumption/Postal/Courier Wrappers from importers whose names were reported in Part I of earlier BEF statement/s as defaulters. |
|
| Name and address of importer | Quarter of the BEF statement and Serial No. of the transaction reported earlier in part I of BEF statement | Date of receipt of Bill of Entry/postal/courier wrapper | Amount of remittance | Remarks |
| Currency& Amount | Rupee equivalent | |
| 1 | 2 | 3 | 4 | 5 | 6 |
| A. | Parties other than Public SectorUndertakings/Government Departments |
1.
2.
3. | |
| B. | Public Sector Undertakings/GovernmentDepartments |
1.
2.
3. | |
|
- Note:
- The transaction reported in Part II of BEF statement of earlier quartershould not be repeated in Part II of the current quarter
C E R T I F I C A T E- We certify that the particulars furnished above are true and correct as per our records.
- We further certify that the statement includes all cases which are required to be reported to Reserve Bank under the prescribed procedure. Other transactions have been reported to our Controlling Office.
- We undertake to continue to pursue the cases with the importers reported in Part I of the statement.
Place:_____________________
Date:________________________ | | __________________________________
(Signature of the Authorised Official) |
| | | Name:_______________________________
Designation:____________________________ |
|