Format for Declaration of e-BRC by Exporter
[CBEC Circular No. 06 dated 28th
February 2017]
Subject: Acceptance of e-BRC of DGFT towards proof of
realization of sale proceeds for exports with LEO date upto
31.03.2014 under drawback scheme.
Attention is invited to Board’s Circular No.
5/2009-Customs dated 2.2.2009 which prescribes Bank Realization Certificate
(BRC) as one of the documents that may be submitted to Customs by the exporters
as proof of realization of sale proceeds for exports. Further, for exports with
LEO date from 01.04.2014 onwards, an electronic system of reconciliation of
sale proceeds (RBI-BRC module) is made functional by DG (Systems) in
coordination with Reserve Bank of India (RBI), which has been dealt in
Instruction No. 609/59/2012-DBK dated 27.11.2015.
2. A difficulty
has been highlighted by field formations and trade that for exports with LEO
date 12.08.2012 onwards till 31.03.2014, DGFT’s e-BRC (which is also verifiable
from DGFT website) is not being accepted and negative statement from statutory
auditor or AD bank is insisted which adds to transaction cost. Non-acceptance
of e-BRC of DGFT by field formations is due to fact that it contains “realized
value” details but does not contain details of commission, freight, insurance
etc. which are often relevant for drawback purpose.
3. In light of
the above, the Board has decided that for exports with LEO dates 12.08.2012
onwards till 31.03.2014, DGFT’s e-BRC would be accepted, except in case of
specific intelligence or information of misuse. This shall be subject to
appropriate declaration by the exporter on back of DGFT e-BRC. Format of the
said declaration is annexed herewith.
4. A
suitable Public Notice and Standing Order may be issued for the guidance of the
trade and staff. Difficulties faced, if any, in implementation of the Circular
may be brought to the notice of the Board at an early date.
F.No. 609/03/2017-DBK
Annexure
Declaration of exporter on
the reverse of DGFT’s e-BRC
(For drawback Shipping
Bills with a LEO date from 12.08.2012 to 31.03.2014)
It is declared that the
realized value as per this statement of bank realisation (DGFT’s e-BRC) with
respect to Shipping Bill No. ………. Dated …….. is the realisation of sale
proceeds within the period allowed (in case of extension of such period, attach
proof) in respect of export goods under the said Shipping Bill on which
Drawback was taken and that such realized sale proceeds in the said realized
value are –
(a) Not less that the value
for drawback purpose.
Or
(b) Less than the value for
drawback purpose by a sum of Rs……… The breakup is
freight Rs…………, insurance Rs…………,
commission (above 12.5%) Rs……….. The drawback amount
of Rs……… is hereby returned along with interest of Rs…………
(please
strike out (a) or (b) whichever is inapplicable, blanks to be filled as
applicable)
Sign, date and seal of
exporter
IEC…………………….