Dear Expert,
We have received payment in rupees against Nepal Export. Will we submit BRC in excise department for final proof of export or can we submit bank statement in excise department for final proof of export ? Is it necessary to received payment in Cheque or RTGS. How can we prove that payment received by Party. Pl. Advice.
thanks
Submit BRC from DGFT website as proof of export payment in rupees to Central Excise and Customs Departments. A query was raised regarding the appropriate documentation for proving payment received in rupees for exports to Nepal. The inquirer asked whether a Bank Realization Certificate (BRC) or a bank statement should be submitted to the Central Excise Department as proof of export. Additionally, there was a question about the necessity of receiving payments via cheque or RTGS. The response advised submitting the BRC as uploaded on the Directorate General of Foreign Trade (DGFT) website to both the Central Excise and Customs Departments. (AI Summary)