https://www.taxtmi.com/circulars?id=68852 Exporters must ensure AD Banks upload Bank Realisation Certificate data in RBI's EDPMS so e BRCs transmit to ICES for reconciliation under the Drawback scheme; failure to upload or submit e BRCs within one month will prompt demand and recovery of drawback with interest under the Customs Act, 1962. The notice cites 22,539 shipping bills with pending realisation and reminds that FEMA requires foreign exchange realisation within nine months unless RBI extends the period. en-us Thu, 18 Jul 2024 00:00:00 +0530 Mon, 13 Oct 2025 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68852 Exporters must ensure AD Banks upload Bank Realisation Certificate data in RBI's EDPMS so e BRCs transmit to ICES for reconciliation under the Drawback scheme; failure to upload or submit e BRCs within one month will prompt demand and recovery of drawback with interest under the Customs Act, 1962. The notice cites 22,539 shipping bills with pending realisation and reminds that FEMA requires foreign exchange realisation within nine months unless RBI extends the period. Circulars Customs Thu, 18 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68852