Realisation of Sale proceeds on Exports - Submission of proof by Exporters -(BRC Compliance Drive from 29.01.2025 to 28.02.2025 for the submission of proof towards realisation of export sale proceeds)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... HOUSE, 60, RAJAJI SALAI, CHENNAI-600 001. TELEPHONE: 044 - 29550083 /Website: www.chennaicustoms.gov.in /Email : brc-chennai4@gov.in [IS 15700:2005 (Sevottam) Certified] DIN:- 20250173MZ000071767A File No.- EXP/EP/1/2025-BRC DATE: 28-01-2025 Public Notice. 05/2025 Subject : Realisation of Sale proceeds on Exports - Submission of proof by Exporters -(BRC Compliance Drive from 29.01.2025 to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... iod allowed under the Foreign Exchange Management Act, 1999. As a consequence in all such cases, the drawback amount relatable to such exports is liable to be recovered under Rule 18 of the Customs, Central Excise Duties Drawback Rules,2017 along with applicable interest as per section 75A(2) of the Customs Act, 1962. 3. As an outreach measure, the list of these shipping Bills along with the name .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ov.in/wp-content/uploads/2025/01/Details-of-IEC-where-export-incentive-may-berecoverable- due-to-non-realization-of-export-proceeds-CUST_RPTPDR_275-2023-24-Part-2.xlsx The concerned Exporters, whose name along with the details of SB etc., appear in the list uploaded on the website (except the cases wherein order has been issued), are hereby informed and offered an opportunity to submit the proof .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y realized e-BRCs. Exporters are strongly encouraged to take advantage of this streamlined process to prevent delays and complications. Accordingly, the BRC Cell is entrusted to deal with the pending cases of BRC cell on priority basis. 6. Exporters are also informed that functionality has been made available on the ICEGATE Portal where exporters can themselves verify export proceeds realization .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... disbursed along with interest shall be initiated by this office. Email: brc-chennai4@gov.in Visit: BRC Cell, Ground Floor, Narmada Block, Custom House, Chennai - 1 8. Any difficulty in the implementation of this Public Notice may be brought to the attention of the Deputy Commissioner, BRC Cell, Custom House, Chennai. A Manimaran Commissioner of Customs, Chennai-Exports
Circular, Trad .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X