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Progress in the implementation of the Bank Realization Certificate (BRC)Module. - Customs - F.No. 609/119/2010-DBK

Extract

..... the Bank Realization Certificate (BRC) module for monitoring export realizations against shipments made under the Drawback scheme was implemented. The circular required that the export realizations in respect of all drawback shipments made during 01.01.2004 to 31.12.2007 should be checked and for exports during the subsequent period such verification/checking should be done for drawback shipments every six months. 2. The Public Accounts Committee (PAC) has on more than one occasion expressed co .....

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Progress in the implementation of the Bank Realization Certificate (BRC)Module. - Customs

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..... ccomplished in a methodical and time bound manner. 4. It has been reported by some Custom Houses that in many cases, the show cause notices, which have been issued for non-submission of BRCs/negative statements, have returned undelivered as the recipient/address was non-existent. In this regard, it is desired that the Commissionerates should set up an institutional mechanism to liaise regularly with Regional Licensing Authorities (RLAs). The names of such exporters should be reported to the RLAs .....

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