DGFT launches Upgraded eBRC System for Exporters
With the commitment to facilitate exports and imports and focus of transparent and accountable delivery system – DGFT launches an upgraded eBRC System for self certification by exporters.
The new upgraded system will mean that the Banks will now have to transmit the electronic Inward Remittance Message (IRMs) to the DGFT portal.
These IRMs will be accessible to relevant IEC holder upon logging into the DGFT Website – www.dgft.gov.in.
Exporters will create eBRCs by matching the IRM with relevant shipping bills, SOFTEX or Invoice details.
Multiple IRMs may be grouped under one eBRC or One IRM can be split amongst several eBRCs. The eBRCs can be generated via the system for Goods Exports, Services Exports and Deemed Exports.
The RBI Purpose Code and other fields mentioned in the IRM shall be used to validate the eBRC fields
Banks will have access to all eBRCs created by exporter against the IRMs they input.
The Soft (pilot) launch of the revamped system is proposed with effect from 15th November 2023.
Starting the given date (i.e 15.11.2023) each bank will set its cut-off on their readiness for the new system.
Both the upgraded system and the legacy eBRC system will operate simultaneously until all banks transition to the new system.
The DGFT website will host list of banks with their respective IRM cut-off dates for reference of all the stakeholders.
A Mandatory migration to API integration by the bank is also envisaged in the Trade Notice by all banks latest by 31st January 2024.
The Trade Notice No. 33/2023-24 Dated 10th Nov 2023 can be downloaded from the link below:
https://content.dgft.gov.in/Website/dgftprod/95f28e2b-6594-4d26-9b2c-8c3e9583a9d6/TN33%20Pilot%20Launch%20Revamp%20of%20eBRC.pdf
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DGFT introduces VC facility with DGFT HQ
In continuation to enhance Trade Facilitation and efficient grievance redressal mechanisms, DGFT has now introduced a facility to contact Senior officials from DGFT Head Quarter (HQ) via Video Conferencing facility.
This VC facility will be effective from 08.11.2023 and will be made available on every Wednesday between 10am to 12 noon. Senior officers from DGFT HQs shall remain present during the VCs to address the matter which could not be resolved by DGFT RAs.
Interested parties may avail the facility by registering on the DGFT portal – www.dgft.gov.in and selecting the “Centralised VC with HQs” option under services.
Apart, from this DGFT already has facility of daily online VC with all RAs of DGFT as well as individual appointments with concerned officers of RAs over VC continues as usual.
You can refer to the detailed Trade Notice No. 32/2023-24 dated 06th November 2023 here:
https://content.dgft.gov.in/Website/dgftprod/f413bf04-28b4-4d0d-947a-b9008d9f7955/Trade%20Notice%20No.32.pdf
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All Industry Duty Drawback rates revised w.e.f 30th October 2023
The CBIC in amdendment to the previously notified All Industry Rate Duty Drawback has notifed revised rates vide Notification No. 77/2023- Customs (N.T) Dated 20th Oct, 2023.
Following are some key points which may be noted:
1.The tariff items and descriptions of goods in the said Schedule are aligned with the tariff items and descriptions of goods in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) at the four-digit level only. The descriptions of goods given at the six digit or eight digits in the said Schedule are in several cases not aligned with the descriptions of goods given in the First Schedule to the Customs Tariff Act, 1975
2.The figures shown in column (4) in the said Schedule refer to the rate of drawback expressed as a percentage of the free on board value or the rate per unit quantity of the export goods, as the case may be.
3. The figures shown in column (5) in the said Schedule refer to the maximum amount of drawback that can be availed of per unit specified in column (3).
4. Drawback at the rates specified in the said Schedule shall be applicable only if the procedural requirements for claiming drawback as specified in rule 12, 13 and 14 of the said rules, unless otherwise relaxed by the competent authority, are satisfied.
5. The Notification and rates will come into force on 30th October 2023.
Exporters my refer to the Notification from the link below:
https://taxinformation.cbic.gov.in/view-pdf/1009920/ENG/Notifications
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Exporters to submit data to RoDTEP Committee for review of RoDTEP Rates.
The RoDTEP Committee which has been constituted to review RoDTEP (Remission of Duties and Taxes on Exported Product) Rates are seeking data from exporters to review the exsisting rates of RoDTEP.
Exporters can refer to the online orders and data form available on CBIC website
cbic.gov.in —–>Taxpayer and Stakeholder Assitance —–> Public Information —–> RoDTEP Committee —–> 2023
or via can via the link below:
https://old.cbic.gov.in/htdocs-cbec/home_links/RoDTEP-Committee-2023
The Last date to submit the inforation to the RoDTEP Committee in the designated formats is 30th November 2023.
Exporters who are of the view that their RoDTEP Rates are to be revised must used the opportnuity and submit the details and data at the earliest.
DGFT Trade Notice on the above can be downloaded from link here
https://content.dgft.gov.in/Website/dgftprod/e008c2ad-f142-4972-9dbd-5720a7492e81/Trade%20Notice%20No%2030-2023-24.pdf
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