Acceptance of e-BRC as proof of realization permits electronic documentation with a prescribed exporter declaration for exports. Acceptance of e-BRC as evidence for proof of realization of export sale proceeds is authorized for shipments with LEO/LCO dates between 12.8.2012 and 31.3.2014, supplementing the Bank Realization Certificate requirement. Customs acceptance is conditional on an appropriate exporter declaration on the reverse of the e-BRC in the prescribed annexed format; alternatives such as a negative statement from a statutory auditor or AD bank remain available. Implementation difficulties may be reported to the Customs Commissioner.
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.
Acceptance of e-BRC as proof of realization permits electronic documentation with a prescribed exporter declaration for exports.
Acceptance of e-BRC as evidence for proof of realization of export sale proceeds is authorized for shipments with LEO/LCO dates between 12.8.2012 and 31.3.2014, supplementing the Bank Realization Certificate requirement. Customs acceptance is conditional on an appropriate exporter declaration on the reverse of the e-BRC in the prescribed annexed format; alternatives such as a negative statement from a statutory auditor or AD bank remain available. Implementation difficulties may be reported to the Customs Commissioner.
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