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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coastaldigest.com news network
February 3,2020

A motley group of as many as 150 birders ‘walked the chirp’ in search of their feathered friends in and around the countryside of Manipal. The occasion was the 10th Edition of Manipal Bird Day organised by Manipal Birders Group on Sunday, February 2nd, 2020.

The day began ‘Bird Walk’ from Hotel Sheela Sagar (Opposite MIT campus) at 6:30 a.m. The birders divided themselves in smaller groups of 10-12 members and followed 13 different trails which took them through different terrains like hills, plains, paddy fields and wetlands. The idea was to sight as many birds as possible and record their presence in the region.

When the walk ended at about 10:00 a.m., the different groups have recorded a total of 125 species of birds, which was a bit lesser than the sighting of the yester years. “The 10th edition this year has seen a very good growth of interest among people. At the same time a decline has been seen in the bird species sighted compared to previous years,” said one of the organisers. Some of the rare birds sighted were Indian Pitta, Oriental Turtle Dove, Fork-Tailed Drongo Cuckoo, Orange Breasted Green Pigeon, Eurasian Marsh Harrier and Malabar Pied Hornbill.

The bird walk was followed with an interaction session at KMC Food Court and MAHE Vice Chancellor Dr. H. Vinod Bhat presided over the function. He felicitated six people who actively participated recently in a rescue mission of abandoned birds in Manipal.

A program then continued with a talk on ‘Ethical Photography’ by Dhruvam Desai, final year student of MIT, Manipal. This was followed by ‘Backyard Birding’ with Shubha Bhat from IISc Bangalore. She spoke on different ways to feed the birds with water using different materials for bird baths. “I have recorded 120 species of birds from bird baths in my garden,” she said. She encouraged the participants to have bird baths in their gardens or flats which will help quench the thirst of these little winged wonders during summer.

The participants involved themselves actively in the interaction sessions. The event was accompanied with an art exhibition titled ‘Feathered Jewels’ by Aditya Bhat. He presented around 18 paintings all from his memory of birding encounters.

Participation in Manipal Bird Day was open to all and entry was free.

MANIPAL BIRD DAY

Manipal Bird Day is an annual event dedicated to celebrating birds in Manipal. This day long event brings together a large number of birders from Manipal, Udupi, Mangalore, Mysore, Bangalore, Davangere and other places. Around 150-200 people gather and are split into different teams. They visit the assigned regions and count as many birds as possible. This non competitive event focuses on spreading awareness regarding the diverse avifauna around us. Turn out for this event has been increasing from 3 people to 200 in last 10 years. This is the 10th edition of Manipal Bird Day.

MANIPAL BIRDERS CLUB

Manipal Birders Club started as a Facebook group after the release of the first edition of “A Birders Handbook to Manipal” to share information about the latest sightings. It is now a formal group of over 500 like-minded members that meets at least once a week to go on bird walks. It is now a large birders community and a medium to organize events, bird walks and discussions about birds and sightings.

The next step would be to involve a higher number of local and young birders who will dictate the change in environment around the town in the coming years. With the co operation of Zoology and natural sciences students and other nature enthusiasts and faculty of different colleges weekly birding sessions have been conducted to involve and encourage more and more people to bird and get connected to the nature and to try to understand the changes happening around us, the media release issued by the group said.

 

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Agencies
June 21,2020

Bengaluru, Jun 21: As many as 518 private hospitals and medical colleges empanelled under the Suvarna Arogya Suraksha Trust (SAST) have been allowed to treat Covid-19 patients in Karnataka amid rising cases, an official said on Saturday.

"These 518 institutions across the state empanelled under ABArK are permitted to admit and treat Covid patients as per government protocols and criteria," the health official said.

The private hospitals can treat patients only if referred by public authorities such as BBMP Commissioner, Health department Director, District Health Officers and others.

In Bengaluru, there are 44 such empanelled private facilities. The entire list is available at www.arogya.karnataka.gov.in and also on the Health Department's website.

The hospitals will be paid an appropriate package rate for Covid management, said the official.

The state has not barred private hospitals from treating Covid patients but they have to mandatorily report all positive cases.

"Due to increasing number of Covid cases in the state, it was decided to involve private hospitals in treatment of such patients," said Additional Chief Secretary Jawaid Akhtar.

Also Read: These private hospitals in Mangaluru and Udupi can now treat covid patients
 

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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