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what is brc

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..... what is brc
Query (Issue) Started By: - anand rama rao Dated:- 19-6-2014 Last Reply Date:- 20-6-2014 Customs - Exim - SEZ
Got 2 Replies
Customs
What is meaning and importance of BRC (Bank .....

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..... realisation Certificate)? Is it necessary to take BRC for each export invoice raised Anand Reply By Pradeep Khatri: The Reply: Dear Anand, BRC means, Bank Realization Certificate. It is an docume .....

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..... ntary evidence that against a particular export out of India, the exporter has received the payment according to the provisions of FEMA. On the basis is BRC, any export is deemed to be completed and .....

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..... you may also avail the benefits of export promotion schemes and submit the proof of export in Central Excise Department and in VAT/CST Department. You can now download BRC from the DGFT's website .....

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..... and keep the copy of the same for your future use. Regards Team YAGAY & SUN (Management & Indirect Tax Consultants) Reply By Ramesh Kothari: The Reply: Its mandatory by the RBI its token of rece .....

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..... ipts of the foreign exchange for the supply of goods from the Indian territory under foreign exchange regulation act. If u not brought it with in 180 days there may be panel action. Further it will fa .....

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..... cilitate to get the export benefit if any. Ramesh Kothari
Discussion Forum - Knowledge Sharing .....

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