BRC certificate for old shipment

[Guest]

Dear sir,

We have not received the BRC certificate from bank for the documents which we had shipped in the year 2013-14 & 10-11. As there was alert in the DGFT site for non submission of BRC the shipment has been kept on hold.

We had received the Inward Remittance copy for the shipment made but forgot to submit the documents for getting the BRC certificate as the person who used to handle had left the company. Now when we contacted our bankers i.e. State Bank of India they informed that penalty charges will be applicable for issuing the BRC. Could you please advise us whether this is applicable for getting the old BRC.

AI Summary

Seeking Bank Realization Certificates for 2010-11 and 2013-14 Shipments: Penalty Charges and Compliance Tips A query was raised about obtaining a Bank Realization Certificate (BRC) for shipments made in 2013-14 and 2010-11, which were held due to non-submission of BRCs. The individual had received the Inward Remittance copy but failed to submit it for BRC issuance, as the responsible employee left the company. The bank, State Bank of India, mentioned penalty charges for issuing old BRCs. Responses advised contacting the bank for BRCs, submitting Foreign Inward Remittance Certificates (FIRCs) with bank reference numbers, and referenced a circular clarifying that proof of realization is not needed for export goods refund claims.