Exporters must submit BRCs or negative statements for drawback-linked export proceeds under new monitoring software. Exporters filing Shipping Bills under drawback must declare Authorized Dealers at each port and submit Bank Realization Certificates or prescribed negative statements on a six monthly basis; the ICES BRC software (effective 31 March 2009) will generate due dates tied to the let export order and maintain pendency lists. The module permits three data-entry options to clear Shipping Bills-direct BRC entry, six month negative statement clearing all bills, or negative statement listing only pending bills-and includes a Recovery Module to remove bills when drawback is recovered.
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Provisions expressly mentioned in the judgment/order text.
Exporters must submit BRCs or negative statements for drawback-linked export proceeds under new monitoring software.
Exporters filing Shipping Bills under drawback must declare Authorized Dealers at each port and submit Bank Realization Certificates or prescribed negative statements on a six monthly basis; the ICES BRC software (effective 31 March 2009) will generate due dates tied to the let export order and maintain pendency lists. The module permits three data-entry options to clear Shipping Bills-direct BRC entry, six month negative statement clearing all bills, or negative statement listing only pending bills-and includes a Recovery Module to remove bills when drawback is recovered.
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