New Shipping Bill Exchange Control Thru EDI from 1 March to Run in Parallel with Old System

[RBI Circular No. 109 dated 28^th February 2014]

Sub: Export of Goods and Services: Export Data Processing and Monitoring System (EDPMS)

Attention of Authorised Dealers is invited to A. P. (DIR Series) Circular No. 12 dated September 9, 2000 read with A.P. (DIR Series) Circular No.101 dated February 04, 2014 in terms of which a comprehensive IT- based system called Export Data Processing and Monitoring System (EDPMS) has been developed for better monitoring of export of goods and software and facilitating AD banks to report various returns through a single platform. It has been further advised that the date of inception of the system along with user credentials and web link for accessing the system would be communicated to the AD banks shortly.

2. It is now advised that EDPMS has been operationalized with effect from February 28, 2014 and the same would be available to AD banks with effect from March 01, 2014. Accordingly, AD banks are advised to use web link https://edpms.rbi.org.in/edpms for accessing the system. The user credentials for accessing the system have already been shared with the AD banks.

3. Henceforth, the entire shipping documents should be reported in the new system and old shipping documents would continue to be reported in the old system till completion of the cycle. Both the old and new systems will run parallel to each other for some time before the old system is discontinued. This will be advised to AD banks separately.

4. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned.

5. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the FEMA, 1999 (42 of 1999) and are without prejudice to permissions/ approvals, if any, required under any other law.