Users asked to be careful while uploading e-BRC

[email protected] (CD Network, Photos by Ahmed Anwar )
February 13, 2013

kcci

Mangalore, Feb 13: Customers, exporters and banks alike will have to be careful before uploading e-BRC (Electronic Bank Realisation Certificate) in Directorate General of Foreign Trade (DGFT)'s web server, as modifications and correction of errors once the e-BRC is uploaded is not permitted as per DGFT rules, said Gopal Krishna Bhat, AGM, International Banking Division, Vijaya Bank, Bangalore.

Making a presentation at an interaction session on e-BRC organized by Federation of Indian Export Organisation, Ministry of Commerce, Government of India, Vijaya Bank, and Kanara Chamber of Commerce and Industry (KCCI), Mangalore, in the city on Tuesday, Mr. Bhat said that If customers want to make corrections in the contents of their already uploaded e-BRCs, they will have to request their respective bank to do the same.

The banks will check the status of their e-BRC and if the status is not 'used' or 'utilised', the banks can cancel the e-BRC by uploading to DGFT server with the status 'C' (cancelled). After successful cancellation, the banks will issue a fresh e-BRC with a fresh number, he informed.

e-BRC is issued by banks upon realization of export proceeds and it has been made mandatory with effect from August 16, 2012, with an intention to keep pace with the global trend of paperless procedures.

“However, manual BRCs issued prior to August 16, 2012, are being accepted by DGFT for settling claims for incentives,” he said adding that there must be a separate e-BRC for each shipping bill. Separate e-BRC for each part realization under the same shipping bill is also one of the basic rules of e-BRCs. No e-BRC against advance payment is entertained unless it is correlated with the shipping bill, he added.

In order to let the exporters or the customers know as to what has happened with their e-BRC documents, Mr. Bhat said that once an e-BRC is uploaded to the DGFT server, an email is sent to the customers indicating successful upload of their e-BRCs informing them of the details therein. Customers must however provide their email addresses to the concerned bank branch well in advance, Mr. Bhat said.

The official website for exporters and banks to track the status of e-BRCs is www.dgft.gov.in.

Mohammed Ameen, President, KCCI, was also present.

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Comments

Ramiz
 - 
Monday, 8 Jun 2020

Dear Sir/Madam,

 

 

one of my client got e-BRC from the DGFT site and the status for same shows is "Used" 

 

but he told me that he use wrong fund amount from remittance id

now he want to cancel this e-BRC 

so, my question is it is possible to cancel used e-BRC and possibilities to regenerate the same from actual fund/remittance id ?

B RENGANATHAN
 - 
Thursday, 13 Jun 2019

SIRoUR EXPORT BILL WAS REALISED DURING THE MONTH OF MARCH 2019.  BUT TILL THIS DATE E BRC IS NOT UPLOADED IN THE DGFT SITE. PLEASE HELP HOW TO SOLVE THIS ONLE OR TO WHOM WE HAVE TO CONTACT . OUR BANK IS HELPLESS

 

 

MEHRA BANDHU F…
 - 
Friday, 25 Jan 2019

HI SIR,

 

 

OUR IEC IN THE NAME OF MEHRA BANDHU FASHIONS BUT WE HAVE RECEIVD THE e-BRC IN THE NAME OF SHREE FASHIOS WHICH IS WRONG HOWEVER ALL THE SHIPPING BILL ARE FILE IN CORRECT IN THE NAME OF MEHRA BANDHU FASHIONS . PLEASE HELP US RESOLVING THE ISSUE .

 

shiv malviya
 - 
Wednesday, 28 Sep 2016

Banks are heavily charging for uploading the documents on the website and saying e BRC is free but charge is for realization and uploading the documents. They also charge heavy for generating eBRC for deemed export where acually no foreign transactions happen. Kindly support us by providing links where these charges are waived off.

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News Network
July 20,2020

Bengaluru, Jul 20: Janata Dal (Secular) leader HD Kumaraswamy has urged the Karnataka government to stop putting warning signboards in front of COVID-19 patients' houses alleging that they are leading to "social discrimination and untouchability" in the present times.

"A local government warning signboards in front of the homes of COVID-19 infected people is leading to neo-social discrimination and untouchability in the new age. Even after infection, the individual and family should live with dignity. The government should immediately stop the practice of placing signboards," Kumaraswamy's first tweet read.

"Instead of placing them in front of their homes and creating untouchability, send health workers to their homes to create courage and awareness. They should be told not to leave the house. There is no such degrading practice left behind. I would like to ask Chief Minister Karnataka BS Yediyurappa to pay attention to this," he added.

The former chief minister further said that threatening to cancel the licenses of medical colleges for refusing treatment to patients would not solve the problem and urged the government to take them into confidence instead of rebuking them.

"Refusing treatment is the fault of any hospital. But for the same reason, threatening to cancel government medical college licenses is not right. There is no profit in this emergency of health. MCI also has the power to revoke the licenses of medical colleges. Remember not the government," he said.

"In this case, the government should look to the Medical Colleges to get their services in order to get them to trust them instead of getting angry. Let them focus on meeting their needs. I insist on a collective fight against the coronavirus through this," he further added.

The COVID-19 count in Karnataka reached 63,772 on Sunday, including 39,370 active cases and 23,065 cured and discharged patients.

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News Network
March 5,2020

Bengaluru, Mar 5: Karnataka is facing unprecedented economic difficulties following a Rs 8,887 crore reduction in the state's share in central taxes, cut in allocation under 15th finance commission and a Rs 3,000 crore hit in GST compensation, Chief Minister B S Yediyurappa indicated on Thursday.

Presenting the state budget for 2020-21 in the Assembly, he said Karnataka's share in central taxes has come down by Rs 8,887 crore in 2019-20 as per the revised budget estimates of the central government. Therefore the state's revenue resources have been reduced. Apart from this, Rs 3,000 crore GST compensation will also be reduced as collection from the GST compensation cess is not as expected, the Chief Minister said. "With all this it has become difficult to reach to reach the 2019-20 budget targets and to manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, an inevitable situation has arisen this year to cut down the expenditure of many departments," he added.

As per the interim report submitted by the 15th finance commission, there is a reduction in the state's share of central taxes to 3.64 per cent compared to 4.71 per cent fixed by the 14th finance commission. In view of this, there will be a reduction of Rs 11,215 crore in the state's share of central taxes in 2020-21 budget, when compared to the previous one.

He, however, noted that the allocation recommendation of the 15th finance commission is limited to one year only and the complete report for the period 2021-22 to 2025-26 will be submitted in October 2020.

"Our government will soon submit a revised memorandum to the commission to set right the loss caused to the state with regard allocation for the year 2020-21 and give more allocation for the remaining period," the Chief Minister said. He also said, when compared to the previous year, there is an increase of approximately Rs 10,000 crore for 2020-21 with regards to government employees salary, pension and interest on government loans, but there is no proportionate increase in resources as compared to committed expenditure. "Due to this reduction of the state's share of central taxes as per the 15th finance commission report and other developments, serious difficulties are being faced in resource mobilisation efforts of the state," Yediyurappa said. "This magnitude of economic difficulties was never faced in the previous years by our state," he added.

However, the state's own tax revenue collection is excellent during this year, he said. As compared to the previous year, there is a growth of 14 per cent in State GST collection. "Based on this, in the new budget, efforts are being made to manage the reduction in the share of central taxes by stabilising the state's own resources more", the Chief Minister said.

Karnataka recorded a gross state domestic product growth rate of 7.8 per cent in 2018-19 and Yediyurappa said for the current financial year it is estimated to be 6.8 per cent.

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News Network
April 12,2020

Mangaluru, Apr 12: Dakshina Kannada district in-charge minister Kota Srinivas Poojary on Saturday, April 11, welcomed the State government’s decision to permit fishing during the lockdown that’s now extended till April 30.

“We welcome the Centre’s decision to permit fishing during the lockdown. This directive comes as a huge relief for the fishing community,” Poojary told newsmen here.

Poojary informed that 14,000 boats will be deployed for fishing. Keeping the need for social distancing in mind only five crew members will be allowed on a boat. The boats can set sail in the morning and should return by evening.

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