BRC Module enforcement: online monitoring now required for realization of export proceeds for applicable shipping bills. The new BRC Module requires exporters to use the RBI linked online BRC/EDPMS interface for monitoring realization of export proceeds for EDI shipping bills with LEO on or after 01.04.2014; manual dealer or chartered accountant six monthly statements will not be accepted. Pre cutoff shipping bills remain subject to prior circulars. Exporters should verify BRC integration via ICEGATE or their authorized dealer banks and report implementation difficulties to the BRC Drawback Section.
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Provisions expressly mentioned in the judgment/order text.
BRC Module enforcement: online monitoring now required for realization of export proceeds for applicable shipping bills.
The new BRC Module requires exporters to use the RBI linked online BRC/EDPMS interface for monitoring realization of export proceeds for EDI shipping bills with LEO on or after 01.04.2014; manual dealer or chartered accountant six monthly statements will not be accepted. Pre cutoff shipping bills remain subject to prior circulars. Exporters should verify BRC integration via ICEGATE or their authorized dealer banks and report implementation difficulties to the BRC Drawback Section.
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