Acceptance of e-BRC of DGFT towards proof of realization of sale proceeds for exports LEO date upto 31.03.2014 under drawback scheme

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....II/48/06/2016-Cus.Pol. Customs Policy Section, Custom House, Tuticorin. Date: 05.03.2017 PUBLIC NOTICE NO. 5/2017 Subject: Acceptance of e-BRC of DGFT towards proof of realization of sale proceeds for exports LEO date upto 31.03.2014 under drawback scheme -reg. Attention of all Exporters / Importers/Custom Brokers/ Clearing Agents / Steamer Agents/ Shipping agents/ Trade and Indu....

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....eld formations and trade that for exports with LEO date 12.08.2012 onwards till 31.03.2014, DGFT's e-BRC (which is also verifiable from DGFT website) is not being accepted and negative statement from statutory auditor or AD bank is insisted which adds to transaction cost. Non-acceptance of e-BRC of DGFT by field formations is due-to fact that it contains "realized value" details but does not c....

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....ment of bank realisation (DGFT's e-BRC) with respect to Shipping Bill No. Dated ...... is the realisation of sale proceeds within the period allowed (in case of extension of such period, attach proof) in respect of export goods under the said Shipping Bill on which Drawback was taken and that such realized sale proceeds in the said realized value are - (a) Not less that the value fo....