We are Merchant Exporter and had exported some Machine in November, 2009, but till date we have not received 100% payment from our Foreign Buyer.
Above machines dispatched under CT-1, so now supplier of the machines regularly asking for Proof of Export Certificate and we are unable to provide because some payment is still due from Buyer. Therefore, we can't get BRC (Bank Realisation Certificate) from Bank.
Confirm that it is possible to get POE without BRC from Divisional office of Central Excise (any rule in central excise manual). Kindly advice accordingly.
Merchant Exporter Seeks Proof of Export Without Bank Certificate Due to Pending Payments; Clarification on CT-1 Procedure. A merchant exporter inquired about obtaining a Proof of Export (PoE) without a Bank Realisation Certificate (BRC) due to pending payments from a foreign buyer. The machines were exported under CT-1, and the supplier is requesting the PoE. The response explained the CT-1 export procedure, emphasizing that the merchant exporter is responsible for providing the PoE. It advised checking the addressee on the ARE-1 form, as this determines the authority to which the PoE should be submitted. If the ARE-1 is addressed to the manufacturer's jurisdiction, PoE without BRC can be produced; otherwise, self-attested PoE copies should be submitted to the manufacturer. (AI Summary)