Exporters Must Submit e-BRCs or Repay Drawback Amounts with Interest Under Rule 18 During BRC Compliance Drive

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....Chennai Customs has initiated a BRC Compliance Drive from January 29 to February 28, 2025, requiring exporters to submit proof of export sale proceeds realization. Analysis via ADVAIT system revealed numerous cases where proceeds remain unrealized beyond FEMA's mandated period. Consequently, drawback amounts for these exports are recoverable under Rule 18 of Customs, Central Excise Duties Drawback Rules, 2017, with applicable interest per Customs Act SS75A(2). Affected exporters must submit e-BRCs or repay drawback amounts with interest through ICEGATE's online payment facility. The Commissioner has published lists of non-compliant shipping bills on the Chennai Customs portal and established a dedicated BRC Cell for verification and case closure.....