https://www.taxtmi.com/circulars?id=52622 An applicant receiving export proceeds through an insurance agency must present the agency's proof of payment to the concerned RA. After verifying the bona fides, the RA will obtain Additional DGFT (EDI) approval and upload the claim value in the DGFT EDI system in lieu of an eBRC. If the proof states the claim in foreign exchange and INR, the foreign exchange amount is used; if stated only in INR, the RA will convert INR to US dollars using the exchange rate published by the customs/central tax authority on the settlement date. en-us Wed, 08 Jan 2014 00:00:00 +0530 Wed, 08 Jan 2014 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52622 An applicant receiving export proceeds through an insurance agency must present the agency's proof of payment to the concerned RA. After verifying the bona fides, the RA will obtain Additional DGFT (EDI) approval and upload the claim value in the DGFT EDI system in lieu of an eBRC. If the proof states the claim in foreign exchange and INR, the foreign exchange amount is used; if stated only in INR, the RA will convert INR to US dollars using the exchange rate published by the customs/central tax authority on the settlement date. Circulars DGFT Wed, 08 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52622