<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Pilot Launch of the Upgraded Electronic Bank Realization Certificate (eBRC) system for self-certification by Exporters</title>
    <link>https://www.taxtmi.com/circulars?id=66959</link>
    <description>Upgraded eBRC system requires banks to transmit trade-related IRMs electronically to DGFT; IEC-linked exporters will access those IRMs on the DGFT portal and self-certify eBRCs by matching IRMs to shipping bills, SOFTEX or invoices. Banks can group or split IRMs across eBRCs, will have visibility of eBRCs created from their IRMs, and may flag eBRCs for examination. API integration by banks is mandated to enable prompt data exchange, and validation will use RBI purpose codes and published rulesets.</description>
    <language>en-us</language>
    <pubDate>Fri, 10 Nov 2023 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 10 Nov 2023 17:26:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=731877" rel="self" type="application/rss+xml"/>
    <item>
      <title>Pilot Launch of the Upgraded Electronic Bank Realization Certificate (eBRC) system for self-certification by Exporters</title>
      <link>https://www.taxtmi.com/circulars?id=66959</link>
      <description>Upgraded eBRC system requires banks to transmit trade-related IRMs electronically to DGFT; IEC-linked exporters will access those IRMs on the DGFT portal and self-certify eBRCs by matching IRMs to shipping bills, SOFTEX or invoices. Banks can group or split IRMs across eBRCs, will have visibility of eBRCs created from their IRMs, and may flag eBRCs for examination. API integration by banks is mandated to enable prompt data exchange, and validation will use RBI purpose codes and published rulesets.</description>
      <category>Circulars</category>
      <law>DGFT</law>
      <pubDate>Fri, 10 Nov 2023 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=66959</guid>
    </item>
  </channel>
</rss>