Public Notice No-08/2012 dated 6.7.2012
Introduction of electronic Bank Realization Certificate (e-BRC) system
Through Public Notice No.2 (RE-2012)/2009-14 dated 5.6.2012, the
issuance and transmission of ‘e-BRC’ by Banks to DGFT in electronic form has
been made mandatory w.e.f. 5.7.2012.
2. Requests have been received from various stakeholders for extension of the
date of mandatory issuance and transmission of electronic BRC’s on account of
lack of readiness. Accordingly, it has been decided that existing system of
physical BRC issuance from bank may be continued further for a period up to
16.08.2012 for smooth transition.
EFFECT OF PUBLIC NOTICE:
Time upto 16.08.2012 is allowed to Banks for transition from physical BRC system
to ‘e-BRC’ system.
(Anup K. Pujari)
Director General of Foreign Trade
(issued from F.No.01/02/110/AM-12/EDI)