https://www.taxtmi.com/news?id=12013 The e-BRC project creates a mandatory electronic platform for banks to upload foreign exchange realisation data for merchandise exports to the DGFT server, replacing manual bank-issued BRCs and enabling exporters to discharge export obligations and claim Foreign Trade Policy incentives. The system secures data transmission, reduces transaction costs and processing burden for exporters, banks and DGFT, and permits state commercial tax departments to receive e-BRC data for VAT refund purposes under MoUs. en-us Mon, 02 Dec 2013 14:05:03 +0530 Mon, 02 Dec 2013 14:05:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12013 The e-BRC project creates a mandatory electronic platform for banks to upload foreign exchange realisation data for merchandise exports to the DGFT server, replacing manual bank-issued BRCs and enabling exporters to discharge export obligations and claim Foreign Trade Policy incentives. The system secures data transmission, reduces transaction costs and processing burden for exporters, banks and DGFT, and permits state commercial tax departments to receive e-BRC data for VAT refund purposes under MoUs. News - Mon, 02 Dec 2013 14:05:03 +0530 https://www.taxtmi.com/news?id=12013