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
March 27,2020

Mangaluru  Mar 27: Thinking that he might have contracted the coronavirus infection, a 55-year-old man has committed suicide in Bantwal taluk of Dakshina Kannada district.

The deceased has been identified as Sadashiva Shetty, a resident of Abbettu under Meramajalu village. He was working in a petrol bunk.

It is learnt that Sadashiva suspected that he might have come in contact with coronavirus infected people while working in the petrol bunk.

He was scared that the same might get transferred to his family members through him. 

He was depressed for past few days. Today, he hanged himself from the ceiling fan of his house, sources said.

A case has been regarded at the Bantwal rural police station and investigations are on.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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coastaldigest.com news network
June 27,2020

Bengaluru, June 27: In the wake of mounting covid-19 cases across Karnataka, the state government has decided to extend the night curfew hours and to re-impose Sunday lockdown. 

Chief Minister BS Yediyurappa held an emergency meeting on Saturday with the state's top officials to discuss measures to further contain the spread of the novel coronavirus. 

During the meeting, it was decided that a state-wide lockdown will be imposed on each Sunday starting July 5. Only essential services and supplies will be allowed on Sundays.

Timings of the night curfew have also been revised to 8 PM - 5 AM from the earlier 9 PM - 5 AM. “We have decided to impose a curfew starting Monday, June 29, from 8 pm to 5 am every day. Right now, the curfew timing is 9 pm to 5 am, but it’ll be advanced by an hour to 8 pm,” said Home Minister Basavaraj Bommai

Commissioner of Bengaluru's civic body, BBMP has been directed to set up more wholesale vegetable markets to deter large crowds.

Meanwhile, government offices in Karnataka will open only five days a week and the weekend will be off for government employees.

It was also decided during the meeting on Saturday that a centralized bed-allocation system for Covid-19 patients will be taken up to ensure that each patient gets a bed without overwhelming the healthcare infrastructure.

Yediyurappa has also instructed officials to increase the number of ambulances for Covid-19 patients to 250 apart from arranging separate vehicles to carry mortal remains of victims. The police control room will aid officials in identifying the location and easing the movement of ambulances.

Information about nodal officers working for COVID management will be published. Joint Commissioners of 8 regions will be given additional responsibilities and KAS officers will be appointed to assist them.

The services of 180 ESI doctors appointed by the Labour Department will also be relied on by the state government. CM Yediyurappa has also asked officials to reserve wedding halls, hostels and other institutions in Bengaluru as COVID Care Centres.

Bengaluru Urban DC, on the other hand, was instructed to identify more places for the last rites of patients and also to form more teams for this purpose. 

The BBMP Commissioner has been told to notify reservation of 50 per cent beds in medical colleges and private hospitals.

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