BRC data non-receipt: exporters must clear EDPMS pendency within one month or face IEC alert and adjudication. Exporters must verify BRC integration via ICEGATE and coordinate with AD Banks to upload or regularise BRC entries in the RBI EDPMS module within one month; where foreign exchange is not realized and pendency remains uncleared, the shipping bills will be treated as not realized, triggering an IEC alert in ICES, issuance of a SCN, and initiation of adjudication proceedings, while exporters can alternatively remit drawback with interest to regularise cases.
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.
BRC data non-receipt: exporters must clear EDPMS pendency within one month or face IEC alert and adjudication.
Exporters must verify BRC integration via ICEGATE and coordinate with AD Banks to upload or regularise BRC entries in the RBI EDPMS module within one month; where foreign exchange is not realized and pendency remains uncleared, the shipping bills will be treated as not realized, triggering an IEC alert in ICES, issuance of a SCN, and initiation of adjudication proceedings, while exporters can alternatively remit drawback with interest to regularise cases.
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