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Proof of export with out BRC

Guest

Dear Sir ,

We are one of the EOU and exporting the goods to various countries. We have submitted ARE-1, Shipping Bill, Mate receipt  to our juridical Asst. Comm. for issuance of Proof of export .

They are demanding BRC and saying without BRC proof of export is not possiable .

Kindly advice and provide some notification / rule covering without BRC proof of export can be taken .

Regards,

Ravindra Kumar

 

 

Exporter Seeks Guidance on Proving Export Without Bank Realization Certificate; Considers Alternative Documents to Meet Requirements. An exporter from an Export Oriented Unit (EOU) seeks advice on obtaining proof of export without a Bank Realization Certificate (BRC). The jurisdictional Assistant Commissioner demands a BRC, but the exporter is unable to provide it promptly due to payment terms. A respondent suggests that the acceptance of proof of export depends on the satisfaction of the bond issuing authority. They advise explaining the delay in obtaining the BRC due to payment terms and suggest using alternative documents like the SDF/GR Form to satisfy the authority. (AI Summary)
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Snehal Kulkarni on Feb 12, 2011

We think the Proof of Export acceptance by the Bond Issuing authority is subject to his satisfaction.

If the authority is not satisfying the records mentioned in your query, you may submit the BRC as requested.

But, secondly, you are requested to satisfy the authority stating that the BRC would not be possible so early because of the payment terms. You may show the SDF / GR Form .

Say Examples, if the Payment Term of One of the  consignment is 180 days from the date of shipment, then obviously you not suppose to get the BRC before 7 months from the date of despatch.

End of the day, it is upto you, how to satisfy the authority.

 

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