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Can we file eo against epcg without brc
We are exporting our products under EPCG scheme from Sep - 2011. We failed to submit our export documents to our bank resulting they have not issued BRC against our exports although they have credited the payment in our account. Right now we have to submit EO to surrender the EPCG licences, so what will be possible resolution? as our bank denied to issue the BRC for old period. Please advice on same.
Replies (3)
u can obtain your Bank Realisation Certificate from dgft website where traders can obtain e-brc after filling the details.
Any forex receipts after 17AUG2012 will be available at .....https://dgftebrc.nic.in:8100/DGFTeBRC/brcIssuedTrade_input.jsp.
You just need to fill in your IEC and IFSC. Detailed eBRC can be accessed thereon.
BRCs are not automatically available in dgft website. Bank has to upload it. In case the bank is refusing to issye BRC, you can ask them to issue eBRC and as per dgft circular it is compulsory for the banks to upload eBrcs
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