TaxTMI 
TaxTMI 
Dear Sir,
We Export goods to a company but we got payment after 10 months, then what we have to do to submit FIRC to bank.
Delay payment
21 Jan 2016 
1 Reply 
3308 Views Asked by
Guest 
Delayed export payment: ensure SEZ receipts enter the EFC account or seek bank extension to submit FIRC/BRC.
Where export to an SEZ is under Advance Authorization, payment must be received in the SEZ unit's EFC account in foreign currency; for general exports with delayed payment the exporter should approach the authorised dealer bank to request an extension for submitting the BRC/FIRC with reasons for the delay. (AI Summary)
Where export to an SEZ is under Advance Authorization, payment must be received in the SEZ unit's EFC account in foreign currency; for general exports with delayed payment the exporter should approach the authorised dealer bank to request an extension for submitting the BRC/FIRC with reasons for the delay. (AI Summary)