RBI BRC module requires electronic monitoring of export proceeds; manual BRC statements will no longer be accepted for affected shipments. The BRC Section of Drawback Cell, JNCH (NS-II) will monitor realization of export proceeds using the new RBI-BRC Module (RBI MIS/EDPMS) for EDI shipping bills with LEO dates on or after 01.04.2014 and will stop accepting six-monthly manual negative statements or BRC certificates; exporters must check BRC integration via ICEGATE or coordinate with their authorized dealer banks to transmit data to the RBI portal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
RBI BRC module requires electronic monitoring of export proceeds; manual BRC statements will no longer be accepted for affected shipments.
The BRC Section of Drawback Cell, JNCH (NS-II) will monitor realization of export proceeds using the new RBI-BRC Module (RBI MIS/EDPMS) for EDI shipping bills with LEO dates on or after 01.04.2014 and will stop accepting six-monthly manual negative statements or BRC certificates; exporters must check BRC integration via ICEGATE or coordinate with their authorized dealer banks to transmit data to the RBI portal.
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