The due date for multinationals in India to furnish a country-by-country (CbC) report and masterfile for the accounting year 2016-17 is 31 March 2018.
The master file must be submitted on Form 3CEAA. Part A of the form is required for all international groups regardless of whether they meet the prescribed threshold for furnishing a master file. Part B is required for each constituent entity of the international group if it meets the prescribed thresholds.
The CbC report must be filed in Form 3CEAD, which is based on the template provided in the OECD’s Report on Action 13 of the base erosion and profit shifting (BEPS) Action Plan.
