Export proceeds compliance: upload e BRCs for shipping bills with RoSCTL scrips to avoid repayment action. Directive requiring upload of electronic Bank Realisation Certificates (e-BRCs) for shipping bills with RoSCTL scrips; rebate under RoSCTL is conditional on timely realisation of export proceeds and failure to upload e-BRCs will lead to recovery/repayment action under the FT(D&R) Act by jurisdictional Regional Authorities, with AD banks responsible for completing uploads.
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.
Export proceeds compliance: upload e BRCs for shipping bills with RoSCTL scrips to avoid repayment action.
Directive requiring upload of electronic Bank Realisation Certificates (e-BRCs) for shipping bills with RoSCTL scrips; rebate under RoSCTL is conditional on timely realisation of export proceeds and failure to upload e-BRCs will lead to recovery/repayment action under the FT(D&R) Act by jurisdictional Regional Authorities, with AD banks responsible for completing uploads.
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