EBRC Generation on DGFT Site

While Making ebrc in DGFT Site 

Fob Value+Freight+Commission = Total Value

I had made ebrc on Shipping bill Total Value

Any Complication or problem will raise ???

 

 

Replies (1)

eBRC Filing on DGFT Site When filing an eBRC (Electronic Bank Realization Certificate) on the DGFT (Directorate General of Foreign Trade) site, you're required to provide details related to your export transaction, including the FOB (Free on Board) value, freight, commission, and total value.

Calculation of Total Value The total value in your eBRC filing is calculated as: FOB Value + Freight + Commission = Total Value Using Shipping Bill Total Value If you've used the total value from your shipping bill, which includes the FOB value, freight, and commission, this should generally align with the calculation required for your eBRC filing. Potential Complications or Issues However, there are a few potential complications or issues to be aware of: - 

*Inaccurate Calculations*: Ensure that the FOB value, freight, and commission are accurately calculated and reported in your eBRC filing. -

 *Discrepancies with Shipping Bill*: If there are discrepancies between the total value reported in your eBRC filing and the shipping bill, this may raise issues with the DGFT or banking authorities. -

*Documentation Requirements*: Ensure that you have the necessary documentation to support your eBRC filing, including the shipping bill and other relevant export-related documents. Best Practices To avoid potential complications or issues, consider the following best practices: -

 *Verify Calculations*: Double-check your calculations for the FOB value, freight, commission, and total value to ensure accuracy. -

*Ensure Consistency*: Ensure that the total value reported in your eBRC filing is consistent with the shipping bill and other relevant documents. - 

*Maintain Documentation*: Keep accurate records and documentation to support your eBRC filing and export transaction.

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