Wait...

Online India Export Import Data Search

Uploading of Reports in 'Test Mode' on FINnet Gateway, RBI/2012-13/246 A. P. (DIR Series) Circular No.43, 12-10-2012



Date: 12-10-2012
Notification No: RBI/2012-13/246 A. P. (DIR Series) Circular No.43
Issuing Authority: RBI  
Type: A.P.D.(Series) Circulars
File No: RBI/2012-13/246
Subject: Uploading of Reports in 'Test Mode' on FINnet Gateway
 

Reserve Bank Of India

A.P. (DIR Series) Circular No. 43

October 12, 2012

To,
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme.

Madam/ Dear Sir,

Uploading of Reports in 'Test Mode' on FINnet Gateway

Please refer to Annex- III to A.P.(DIR Series) Circular No.18 [A.P.(FL/RL Series) Circular No. 05] dated November 27, 2009, prescribing reporting formats for Authorised Persons (Indian Agents) as required under provisions of PML Rules 2005. In this connection, we invite your attention to FIU-IND's letter F.No.9-29/2011-FIU-IND dated March 31, 2011 advising Authorised Persons (Indian Agents) to go through reporting formats viz. Cash Transaction Reports (CTRs) and Suspicious Transaction Reports (STRs) and initiate urgent steps to develop capacity to generate reports compliant with the XML format specifications and be in readiness to implement the new format as and when advised by the FIU-IND.

  1. FIU-IND have now advised vide their letter F.No.9-29/2011-FIU-IND dated August 28, 2012 (contents of the letter given in the Annex), that all Authorised Persons (Indian Agents) should initiate submission of reports on the FINnet Gateway in 'Test Mode' from August 31, 2012 to test their ability to upload the report electronically. Such submission in 'Test Mode' would continue till FIU-IND informs the Authorised Persons (Indian Agents) about 'go-live' of the project. Authorised Persons (Indian Agents) are also required to continue to submit the existing reports in CD as presently required till further notice. All Authorised Persons (Indian Agents) are accordingly advised to take action as required by FIU-IND.

  2. All other instructions issued vide A.P.(DIR Series) Circular No. 18 [ A.P.(FL/RL Series) Circular No. 05 ] dated November 27, 2009, as amended from time to time will remain unchanged.

  3. Please advise your Principal Officer to acknowledge receipt of this circular.

  4.  The directions contained in this Circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and also under the, Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 and Prevention of Money-Laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Rules, 2005 as amended from time to time and are without prejudice to permission/approvals, if any, required under any other law.

Yours faithfully,
(Rudra Narayan Kar)
Chief General Manager
RBI/2012-13/246

F.No.9-29/2011-FIU-IND
Government of India
Ministry of Finance
Department of Revenue
Financial Intelligence Unit-India

6th Floor, Hotel Samrat
Chanakyapuri,
New Delhi – 110 021

Date: August 28, 2012

OFFICE MEMORANDUM

Subject:- Upload of Reports in 'Test Mode' on FINnet Gateway

Kindly refer to OM of even no. dated 31st March, 2011 releasing the new reporting format under Project FINnet. The reporting entities were advised to initiate urgent steps to build capacity to generate reports, which are compliant with the XML format specifications.

  1. You may kindly now advise the reporting entities to initiate submission of reports on the FINnet gateway in 'TEST MODE' from 31-08-2012 to test their ability to upload the report electronically. The reporting entities may contact FIU Help Desk at email or phone numbers 011-24109792/93 for any clarification or assistance.

  2. The reporting entities may continue to submit the reports to FIU-IND in CD form as per earlier prescribed reporting format till go-live date (provisional go-live date is 1st October, 2012) after which the earlier procedure will be discontinued. The go-live date will be communicated to the reporting entities separately.

  3. This issues with the approval of Director (FIU-IND).

(Sanjeev Singh)
Additional Director

       

DO YOU NEED HELP?







Enquiry Form

Fields marked with an asterisk * are required.
+



What is New?

Date: 23-09-2016
Trade Notice No. 18/2016
Clarification in respect of definition of service provider under Common Service Providers (CSP) in Export Promotion Capital Goods (EPCG) scheme.

Date: 23-09-2016
Customs Notification No. 51/2016
Seeks to further amend notification No.12/2012-Customs dated the 17th March, 2012, so as to: 1. Reduce import duty on potatoes from 30% to 10% up to 31.10.2016. 2. Reduce import duty on wheat from 25% to 10% up to 29.02.2017. 3. Reduce import duty on palm oil from 12.5% to 7.5% for crude palm oil of edible grade, and from 20% to 15% for refined palm oil of edible grade.

Date: 23-09-2016
DGFT Public Notice No. 33/2015-2020
Amendment in ANF-5A [Applicationj for issue of EPCG Authorisation ] incorporating the guideline for designating/certifying a Common Service Provider (CSP) under Para 5.02 (b) of FTP 2015-20-reg.

Date: 22-09-2016
Customs Notification No. 122/2016 (NT)
Rate of exchange of conversion of the foreign currency with effect from 23rd September, 2016

Date: 22-09-2016
Customs Circular No. 44/2016
Regarding setting up of 'Custom Clearance Facilitation Committee' (CCFC) for Land customs stations and Inland Container Depots-reg

Date: 22-09-2016
Trade Notice No. 17/2016
Refund of Terminal Excise Duty(TED) under Deemed Exports where Duty has been paid from CENVAT Credit and ab-initio waiver is not availabe.

Date: 22-09-2016
Customs Notification No. 50/2016
Seeks to further amend notification No. 12/2012-Customs dated 17.03.2012

Date: 22-09-2016
Service Tax Notification No. 41/2016 (ST)
Seeks to exempt taxable service provided by State Government Industrial Development Corporations/ Undertakings by way of granting long term (thirty years, or more) lease of industrial plots to industrial units from so much of service tax which is leviable on the one time upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable for such lease.

Date: 22-09-2016
DGFT Public Notice No. 32/2015-2020
Merchandise Exports from India Scheme (MEIS)-Additions/amendments in Table 2[containing ITC (HS) code wise list of products with reward rates] of Appendix 3B

Date: 21-09-2016
Instruction
Instruction issued by Legal Cell, CBEC regarding non compliance of sub-section 2 of section 32K of Central Excise, Act, 1944 - Immunity granted to a person from prosecution, penalty and fine



Exim Guru Copyright © 1999-2016 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001