Export realization monitoring requires customs to implement the BRC module, issue SCNs for non submission and liaise with licensing authorities. Implementation of the Bank Realization Certificate (BRC) module must be completed by all Customs Houses to monitor export realizations for Drawback shipments, with historical verification for 01.01.2004-31.12.2007 and six monthly checks thereafter. Customs must input BRCs/negative statements, issue Show Cause Notices where documents are not submitted, undertake adjudication and recovery of drawback, and establish liaison with Regional Licensing Authorities to report exporters with non existent addresses for possible IE Code cancellation; implementation difficulties must be reported to the Board.
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Export realization monitoring requires customs to implement the BRC module, issue SCNs for non submission and liaise with licensing authorities.
Implementation of the Bank Realization Certificate (BRC) module must be completed by all Customs Houses to monitor export realizations for Drawback shipments, with historical verification for 01.01.2004-31.12.2007 and six monthly checks thereafter. Customs must input BRCs/negative statements, issue Show Cause Notices where documents are not submitted, undertake adjudication and recovery of drawback, and establish liaison with Regional Licensing Authorities to report exporters with non existent addresses for possible IE Code cancellation; implementation difficulties must be reported to the Board.
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