CA VAIBHAV JAIN

Chartered Accountant

B.Com (Hons), FCA, ACS, LLB, DISA (ICAI), MBF (ICAI), FAFD (ICAI), CCIDT (ICAI), CCCA (ICAI), ID (MCA-IICA), Registered Valuer (SFA) (IBBI)

Phone

+91-9711310004
+91-9868144380

Email

vaibhavjain@mehragoelco.com
vaibhavjain@inmacs.com
vaibhav@cavaibhavjain.com

Location

Delhi | Gurugram | Chandigarh

Revamped eBRC System

Good News for Exporters

Revamped Process Flow for eBRC generation.

  • DGFT already captures Exporter’s Bank account details and PAN under IEC issued
  • All Inward Remittance Message(IRM) mapped with PAN to be pushed by the banks to DGFT using an API integration.
  • The given inward remittance details shall automatically appear in the account of the respective IEC holder.
  • Exporter may tag the inward remittance with the shipping bill/invoice to generate e BRCs directly.
  • eBRCs so generated will flow to banks for post audit risk management as per banks’ own process.
  • eBRC also planned to be digitally shared with other agencies in future

Attached flow chart showing old ebrc process and new ebrc process flow.

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