FLA return due date extended to 31.07.2019

July month has already observed too many due dates for the professional. New forms have also been introduced out of which BEN 1 and NFRA 1 is still a confusion for many learned professionals. Moreover, RBI also changed the e-mail based FLA filing to web based filing for FLAIR from 2019 which will have its due date as 15th July every year. But In view of the recent change in reporting platform for submission of FLA return, the last date for filing the FLA return for 2018-19 has been extended to July 31, 2019 for convenience of reporting this year. This extension in filing is only for the current year.

Also attached herewith the Revised Format of Verification letter and Authority Letter required while filing of form.

Please Note: Additionally attached the web based FLA Format.

Letter of Authorization for filing of annual return on FLA

On Entity’s Letter-Head

AUTHORITY LETTER

The Director

Date: xx / xx / xxxx

International Investment Position Division (IIPD)
Department of Statistics and Information Management (DSIM)
Bandra Kurla Complex, Bandra (E), Mumbai
Reserve Bank of India

Dear Sir / Madam

Sub: Letter of Authorization for filing of annual return on FLA

We hereby authorize Shri. / Smt. / Ms.

Name and Designation: ________________

Permanent Account Number (PAN) ____________

to register as Business user for submission of annual return on Foreign Liabilities and Assets (FLA) on behalf of our company/ LLP/ Others named _________

CIN/ LLPIN/ Others-UIN ____________

Registered office at _____________

and having PAN  ____________

2. We further confirm that we are liable for and bound by all acts of commission and omission by the authorized representative. All acts committed by the above authorized representative shall be treated as if these acts were committed by the company/ LLP/ Others.

Yours faithfully

(Signature of Managing Director / Director / Head of Institution / Designated Partner in case of LLP / Investment Manager or Sponsor for Investment vehicle)

Name:

Designation:

Date:

Seal of the signing authority:

(After furnishing all details, take print out of this word file of authority letter and get it signed from appropriate authority as mentioned above and then scan it. Convert it to PDF and then upload the same in FLA user registration form)

Format of Verification Letter for CIN / LLPIN / Others UIN (in case of Alternative Investment Fund / Partnership Firm / Public Private Partnership) and PAN of authorised person filing annual FLA form

 “Name of Company”

Corporate Office / Central Office

VERIFICATION LETTER

The Director

Date xx / xx / xxxx

International Investment Position Division (IIPD)
Department of Statistics and Information Management (DSIM)
Bandra Kurla Complex, Bandra (E), Mumbai
Reserve Bank of India

Dear Sir / Madam

Sub: Verification Letter for CIN / LLPIN / Others UIN (in case of Alternative Investment Fund / Partnership Firm / Public Private Partnership) and PAN of authorised person filing annual FLA form

We hereby authorize Shri. / Smt. / Ms.

Name and Designation: _______________________________

Having Permanent Account Number (PAN)

to register as Business user for submission of annual return on Foreign Liabilities and Assets (FLA) on behalf of our company named ___________

Having CIN / LLPIN / Others UIN

We further confirm that the information provided herein in respect of Name and CIN / LLPIN / Others UIN of entity and PAN of authorised person is correct and the same can be treated as verified by us as per the attached authority letter.

Name and Designation of Signatory on the Entity’s attached authority letter: (Signature not  required )  _________________________________________

Entity’s Corporate Office Address:

(After furnishing all details, convert this word file of Verification Letter into pdf file and then attach the same in FLA user registration form)