BRC verification enforces foreign exchange realisation by blocking drawback sanction until valid BRCs are accepted. A BRC verification module requires exporters to enter BRC details for drawback shipping bills filed on or after the effective filing date; a designated Customs Officer will verify BRCs against originals, record Acceptance or Rejection, and only accepted BRCs will be considered for drawback processing. The system will alert AC/DC (Exports) where BRCs are not submitted within the submission deadline and will block sanction of drawback to the extent of the unrealised shipping bill until clearance by AC/DC (Exports).
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 verification enforces foreign exchange realisation by blocking drawback sanction until valid BRCs are accepted.
A BRC verification module requires exporters to enter BRC details for drawback shipping bills filed on or after the effective filing date; a designated Customs Officer will verify BRCs against originals, record Acceptance or Rejection, and only accepted BRCs will be considered for drawback processing. The system will alert AC/DC (Exports) where BRCs are not submitted within the submission deadline and will block sanction of drawback to the extent of the unrealised shipping bill until clearance by AC/DC (Exports).
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