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DGFT and Commercial tax department of Bihar Signed MoU on Foreign Exchange Data Sharing

News and Press Release - Dated:- 16-1-2016 - The Commercial tax department of Bihar has signed a Memorandum of Understanding (MoU) with Directorate General of Foreign Trade (DGFT) for sharing of foreign exchange realization data. Smt. Sujata Chaturve .....

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n data is an important economic indicator as it quantifies transaction level export earnings. This is also known as eBRC (Electronic Bank Realization Certificate) data. BRC can be used by state government departments for ensuring refund of VAT to eli .....

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perative banks have uploaded more than 1.5 Crore e-BRCs on to the DGFT server. The eBRC project created an integrated platform for receipt, processing and subsequent use of all Bank Realization related information by exporters, banks, central and sta .....

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