Sb issue - submission in bank
Querist : Anonymous
Querist : Anonymous
IF ED is not available,ask for the duplicate copy of EC.
EP is accepted by promotion agencies.
Querist : Anonymous
can we submit EP copy in bank in absence of exchange control copy
* **EP copy** means **Export Promotion copy** (often related to export documents).
* **Exchange Control copy of SB** refers to the **Exchange Control copy of Shipping Bill**, which is used by banks for foreign exchange and regulatory compliance.
### Your question:
**Can EP copy of SB be submitted to the bank if Exchange Control copy of SB is not available?**
---
### Typical RBI / Banking practice:
* The **Exchange Control copy of the Shipping Bill** is generally required by the bank to process export-related transactions under FEMA and RBI regulations.
* The **EP copy** is sometimes accepted by banks, especially for internal records or in certain circumstances, but **officially Exchange Control copy is preferred and required.**
---
### If Exchange Control copy is lost or unavailable:
* You should request a **duplicate Exchange Control copy** from the Customs department.
* Banks usually **do not accept EP copy as a full substitute** for Exchange Control copy unless a specific circular or RBI notification allows it.
---
### On your question about RBI circular:
* No standard RBI circular allows EP copy as a substitute for Exchange Control copy.
* You may check with the **specific bank’s forex department or customs authority** for their policy.
* Also, the **Export Promotion Councils may accept EP copy for their records**, but banks need Exchange Control copy for forex formalities.
---
**Summary:**
* Best to get the **Exchange Control copy** or its duplicate from customs.
* EP copy alone usually **cannot fully replace Exchange Control copy** for bank submission.
If you want, I can help draft a formal request letter to customs for a duplicate Exchange Control copy or check any recent RBI circulars. Would you like me to do that?
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