Export realisation certificate

Sir,

We are submitting BRC in the prescribed form ie, Appendix 22A for the last 1 year. In the particuar form column no: 9 which is Bill amount in foreign exchange,where we are giving the invoice value ie in USD and in column no: 14 which is FOB value actually realised in Foreign Exchange/Rupees, where we are showing the amount realised (ie. in Rupees). Now the customs officer has objected against this and he is telling us to show the USD value actually realised in Column no 14. I want to know whether the customs officer is correct and we have to show the FOB value actually realised in USD. If he is right, then what about the earlier BRC which they have accepted.

Replies (2)

IN THIS REGARDS, I WANTED TO INFORM YOU THAT AT THE TIME OF MAKING BRC YOU  MUST READ IT IN FOREIGN CURRENCY.

IT WILL BE BEST FOR YOU , BANKER AND CUSTOM TOO AS WELL AS VARIOUS DEPARTMENT .

REGARDS,

 

Agreed with Ramesh.

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