The Synthetic & Rayon Textiles Export Promotion Council

Monitoring of realization of exports proceeds for the drawback EDI S/Bills Submission of BRCs/ Negative statements for the shipments having LEO dates 01.01.2004- 31.03.2014

Circular No.ES/140/ 2016-17                                                                October 13, 2016

To: Members of the Council

Sub: Monitoring of realization of exports proceeds for the drawback EDI S/Bills Submission of BRCs/ Negative statements for the shipments having LEO dates 01.01.2004- 31.03.2014

 Dear Member,

This is to inform you that the Office of the Commissioner of Customs, JNCH (Nhava Sheva) has issued Public Notice No. 136/2016 dated 07.10.2016 on the above subject.

In this connection, attention is invited to the Board Circular 05/2009 Cus- dated 02.02.2009 and Public Notice No 11 dated 09.03.2009 issued by this Custom House whereby exporters were advised to submit BRCs/Negative statements issued by Authorized Dealer(s) and Chartered Accountants functioning as statutory auditor of exporter’s account on a 6 monthly basis.

In view of the above, the exporters are required to furnish such certificates on a 6 monthly basis before the 7th day of January and July in respect of exports which have become due for realization in the previous 6 months. In terms of given instructions, exporters are advised to submit the negative statements/ BRCs in respect of S/Bills having LEO dates from 01.01.2004 to 31.03.2014 by 24.10.2016.

For more information, you may refer the given Public Notice.

Members are requested to make note of the above.

Thanking you.

V. ANIL KUMAR
EXECUTIVE DIRECTOR