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Is e-brc mandatory if i don't want to claim any benefit?


Jahn Das (Other)     29 March 2018

Jahn Das
Other 
 11 points

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I export small items through retail ecommerce. If I have no interest to claim MEIS benefits, do I still have to file e-BRC?

Is it required for proving export so I don't have to pay GST, or is FIRC + invoice enough to prove that?

avater

CS Malay M Pota (Company Secreatary)     29 March 2018

CS Malay M Pota
Company Secreatary 
 86 likes  2728 points

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If required you may submit Foreign Inward Remittance Certificate (FIRC) if BRC is not taken

avater

ashish Kumar   20 May 2019

ashish Kumar

 16 points

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sir 

if we do export small items through proper shipping bill, and payment recieved by paypal , and i dont need any benefit of meis etc, we can get efirc from paypal, but we dont ebrc becuase bank charges like rs 500 to rs 1000 for per ebrc and our shipment value are like 20 to 50 us dollar only becuase we export direct to consumer, so to prove it export sale we need ebrc is necessary ?

 

avater

CS Malay M Pota (Company Secreatary)     20 May 2019

CS Malay M Pota
Company Secreatary 
 86 likes  2728 points

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NO BRC is required ,if you do not want any benefit under the Foreign Trade Policy or any other applicable Acts,

avater

ashish Kumar   21 May 2019

ashish Kumar

 16 points

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Thanks for reply, dgft already tell me no ebrc required if we dont take any benefit, but they told me they dont know about other agencies, my confusion with rbi, if we recieved payment through paypal , then for rbi ,rbi need ebrc is necessary from bank ?

avater

ashish Kumar   21 May 2019

ashish Kumar

 16 points

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Thanks for reply, dgft already tell me no ebrc required if we dont take any benefit, but they told me they dont know about other agencies, my confusion with rbi, if we recieved payment through paypal , then for rbi ,rbi need ebrc is necessary from bank ?

avater

ashish Kumar   21 May 2019

ashish Kumar

 16 points

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Thanks for reply, dgft already tell me no ebrc required if we dont take any benefit, but they told me they dont know about other agencies, my confusion with rbi, if we recieved payment through paypal , then for rbi ,rbi need ebrc is necessary from bank ?

avater

ashish Kumar   21 May 2019

ashish Kumar

 16 points

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Thanks for reply, dgft already tell me no ebrc required if we dont take any benefit, but they told me they dont know about other agencies, my confusion with rbi, if we recieved payment through paypal , then for rbi ,rbi need ebrc is necessary from bank ?

avater

CS Malay M Pota (Company Secreatary)     21 May 2019

CS Malay M Pota
Company Secreatary 
 86 likes  2728 points

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RBI requires Export remittance must come in India in FCY. RBI never ask for BRC.I do not know what are the other benefits have you claimed under the subject export so i wrote "other agency'.Suppose you have claimed export benefit under GST and for that you need to produce some documents includind BRC to GST authority.Further, if you have claimed Drawbak under Customs you need to produce BRC to the Customs within 9 months of exports else you need to refund of drawback amount with Intreset to the Customs Authority.

avater

ashish Kumar   27 August 2019

ashish Kumar

 16 points

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Thsnks for reply , regarding above discussion i talked with fieo ( federation of india export organisation ) they told me , firc and ebrc is different thing , if our ad code in our shipping bill then custom update the transaction on epdms server , and in that case bank have to regularise the in transaction in epdms server otherwise after 2 year transaction not regularise then rbi can make you black listed in auto mode or ebrc also necessary they told , can you guide me please Ashish


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