https://www.taxtmi.com/news?id=15479 A Memorandum of Understanding between DGFT and Bihar's Commercial Taxes Department implements transmission of electronic Bank Realization Certificate (e BRC) data from banks to a secured DGFT server and onward to authorized government recipients. The e BRC system centralizes transaction level foreign exchange realization records, replacing manual physical BRC processes and enabling state tax authorities and central agencies to access verified export realization information to facilitate VAT refund processing, compliance verification, and administrative data analysis. en-us Sat, 16 Jan 2016 10:00:36 +0530 Sat, 16 Jan 2016 10:00:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15479 A Memorandum of Understanding between DGFT and Bihar's Commercial Taxes Department implements transmission of electronic Bank Realization Certificate (e BRC) data from banks to a secured DGFT server and onward to authorized government recipients. The e BRC system centralizes transaction level foreign exchange realization records, replacing manual physical BRC processes and enabling state tax authorities and central agencies to access verified export realization information to facilitate VAT refund processing, compliance verification, and administrative data analysis. News - Sat, 16 Jan 2016 10:00:36 +0530 https://www.taxtmi.com/news?id=15479