Export proceeds realisation compliance: exporters must register on DRISHTI and upload BRCs or face show cause proceedings. The notice directs exporters to register on the DRISHTI Export Sale Proceeds Monitoring System and upload Bank Realisation Certificates for pending or part realised shipping bills, providing contact e mail addresses for assistance. It cautions that under Rule 18 of the Customs and Central Excise Duties Drawback Rules, 2017, failure to produce evidence of realisation within the FEMA, 1999 period or any RBI extension will attract a show cause notice requiring production of evidence within thirty days.
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Export proceeds realisation compliance: exporters must register on DRISHTI and upload BRCs or face show cause proceedings.
The notice directs exporters to register on the DRISHTI Export Sale Proceeds Monitoring System and upload Bank Realisation Certificates for pending or part realised shipping bills, providing contact e mail addresses for assistance. It cautions that under Rule 18 of the Customs and Central Excise Duties Drawback Rules, 2017, failure to produce evidence of realisation within the FEMA, 1999 period or any RBI extension will attract a show cause notice requiring production of evidence within thirty days.
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