Downstream Investment Reporting: due date and penalty
Also searched as: FORM-DI
An Indian entity owned or controlled by a person resident outside India reports its investment into another Indian company within 30 days of allotment. Indirect foreign investment is reported even though the money never crosses the border.
When it is due
30 days from the date of allotment
If it is late: Late Submission Fee on the amount involved and the period of delay
- Due
- 30 days from the date of allotment
- Frequency
- Event based
- If it lapses
- Late Submission Fee on the amount involved and the period of delay
- Statutory reference
- Reg. 4(11), FEM (Mode of Payment and Reporting of Non-Debt Instruments) Regulations 2019 (FEMA 395/2019-RB); rule 23, FEM (Non-debt Instruments) Rules 2019
Where this date comes from
- The instrument
- Reg. 4(11), FEM (Mode of Payment and Reporting of Non-Debt Instruments) Regulations 2019 (FEMA 395/2019-RB); rule 23, FEM (Non-debt Instruments) Rules 2019
- The authority
- Reserve Bank of India
Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.
Who has to file it
Every one of these has to hold before Downstream Investment Reporting binds an entity:
- foreign investment on record
- Filed on:
- RBI FIRMS Portal
- Usually owned by:
- Company Secretary
- Typical effort:
- 4 hours
Common questions
- What is the due date of Downstream Investment Reporting?
- 30 days from the date of allotment. It falls due whenever the triggering event happens.
- Who has to file Downstream Investment Reporting?
- It applies to foreign investment on record.
- What is the penalty for filing Downstream Investment Reporting late?
- Late Submission Fee on the amount involved and the period of delay
- Where is Downstream Investment Reporting filed?
- RBI FIRMS Portal.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.
Other FEMA / RBI obligations
- Revised Form ECB 1Revised Form ECB 1 on a Change to a Borrowing
- Form ECB 2Form ECB 2 on Proceeds Received and Debt Serviced
- Form ECB 1Loan Registration Number for an External Commercial Borrowing
- Form FC-GPRReporting of Foreign Investment
- Form FC-TRSTransfer of Capital Instruments to or from a Non-Resident
- Form FDI-LLP(I)Foreign Capital Contribution to an LLP