Introduction of electronic Bank Realization Certificate (e-BRC) system.

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....p;         Dated 18^th   June , 2012     Subject:    Introduction of electronic Bank Realization Certificate (e-BRC) system.                     Through Public Notice No. 02 dated 5.6.2012 electronic issuance of BRCs have b....

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....be completed by 31.07.2012. (iii)       Banks shall upload the rupees equivalent of the realised foreign exchange, based on the monthly exchange rate notified by Central Board of Excise and Customs (CBEC), Ministry of Finance.  In case the realisation is in a denomination other than the notified currency, the rates given by RBI shall be adopted.  In case ....

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....sp;  bill). While granting Chapter 3 benefits, RA shall consider the net foreign exchange earnings.  In case of shortfall in foreign exchange realization with  respect  to  the  shipping  bill  FOB  value,  pro rata distribution of realized foreign exchange against each export item will be made by the system   itself.  To explain in detai....