Rbi(fema)

Our company is a subsidiary company of foreign company. During the year 2011-12, there was no additional capital investment from holding company. No monetary inflow from the holding company.

We purchase all inputs(goods) from the holding company and once in a month we will pay for the goods purchased.

Can any one please let me know whether it is mandatory for us to file annual return on foreign liabilities and assets?

Thanks in advance.