Exporters: Submit and Correct BRCs for 2013-2014 Shipping Bills by Feb 24, 2016, to Avoid Penalties.

Exporters are reminded to submit pending Bank Realisation Certificates (BRCs) for drawback shipping bills from April 1, 2013, to March 31, 2014. Compliance with Circular No. 05/2009-Cus, mandating BRC/Negative statement submission every six months, is required. Errors in submitted documents, such as incorrect Authorised Dealer (AD) codes, need correction. Exporters must submit corrected BRCs/Negative statements by February 24, 2016, to update the BRC module in the ICES. Failure to comply may result in recovery actions under the Customs Act, 1962. The appointed Nodal Officer is available for assistance.

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