Realisation of Sale proceeds on Exports - Submission of proof by Exporters -(BRC Compliance Drive from 29.01.2025 to 28.02.2025 for the submission of proof towards realisation of export sale proceeds)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....MISSIONER OF CUSTOMS, CHENNAI- EXPORTS CUSTOM HOUSE, 60, RAJAJI SALAI, CHENNAI-600 001. TELEPHONE: 044 - 29550083 /Website: www.chennaicustoms.gov.in /Email : [email protected] [IS 15700:2005 (Sevottam) Certified] DIN:- 20250173MZ000071767A File No.- EXP/EP/1/2025-BRC DATE: 28-01-2025 Public Notice. 05/2025 Subject : Realisation of Sale proceeds on Exports - Submission....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....roceeds have not been realized even after completion of mandated period allowed under the Foreign Exchange Management Act, 1999. As a consequence in all such cases, the drawback amount relatable to such exports is liable to be recovered under Rule 18 of the Customs, Central Excise Duties Drawback Rules,2017 along with applicable interest as per section 75A(2) of the Customs Act, 1962. 3. As an ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rt-proceeds-CUST_RPTPDR_275-2023-24-Part-1.xlsx https://chennaicustoms.gov.in/wp-content/uploads/2025/01/Details-of-IEC-where-export-incentive-may-berecoverable- due-to-non-realization-of-export-proceeds-CUST_RPTPDR_275-2023-24-Part-2.xlsx The concerned Exporters, whose name along with the details of SB etc., appear in the list uploaded on the website (except the cases wherein order has been....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ification and expeditious case closure for submissions containing valid and fully realized e-BRCs. Exporters are strongly encouraged to take advantage of this streamlined process to prevent delays and complications. Accordingly, the BRC Cell is entrusted to deal with the pending cases of BRC cell on priority basis. 6. Exporters are also informed that functionality has been made available on the....