The Reserve Bank of India (RBI) on December 22, 2023, issued the notification regarding the CIMS Project implementation - Discontinuation of submission in legacy XBRL.
The following has been stated namely: -
• The submission has been discontinued of the return through the XBRL system and shifted to the Centralised Information Management System (CIMS), Bank’s new data warehouse for data collection, with effect from December 26, 2023.
• AD Category-I banks have already been onboarded on the CIMS portal and are currently undertaking parallel submission of the return on both the XBRL site as well as CIMS portal. The returns have been named ‘Import of gold by EOUs, units in SEZ/EPZ and nominated agencies(M)’, ‘‘Import of gold by EOUs, units in SEZ/EPZ and nominated agencies(HY)’ and have been assigned return codes- ‘R132’ & ‘R133’ respectively on CIMS portal.
• Accordingly, AD Category-I banks shall upload the two statements as mentioned in para 1 (i) and (ii) on the CIMS portal (URL: https://sankalan.rbi.org.in) with effect from December 26, 2023. In case no data is to be furnished, AD Category-I banks shall upload a ‘NIL’ report.
[Notification No. RBI/2023-24/94]
