The Electronic Bank Realization Certificate (e-BRC) is a crucial document that serves as proof of payment received by an exporter against goods or services exported. It is issued by the exporter’s bank and digitally transmitted to the Directorate General of Foreign Trade (DGFT) via the ICEGATE portal to ease export documentation and ensure transparency in financial transactions.
e-BRC is essential because it:
✅ Serves as proof of inward remittance from foreign buyers.
✅ Is mandatory for claiming export incentives like RoDTEP, SEIS, EPCG, MEIS, and Duty Drawback.
✅ Ensures compliance with Foreign Exchange Management Act (FEMA) regulations.
✅ Facilitates export performance tracking by DGFT and other authorities.
✅ Eliminates the need for physical submission of documents for export benefits.
🔹 100% Digital Process – Eliminates paperwork and manual submission.
🔹 Integrated with ICEGATE & DGFT – Data is automatically transmitted.
🔹 Mandatory for Export Incentives – Required to claim benefits under various FTP schemes.
🔹 Real-Time Verification – Customs and DGFT can verify details instantly.
🔹 Reduces Processing Time – Faster clearance and approval of incentive claims.
e-BRC is mandatory for:
✅ All exporters (Goods & Services) receiving foreign payments.
✅ Businesses applying for RoDTEP, MEIS, SEIS, EPCG, Advance Authorization, or Duty Drawback.
✅ Companies requiring proof of inward remittance for bank loans & compliance.
✅ Exporters wanting to maintain a clean compliance record with DGFT.
1️⃣ Foreign buyer makes payment to the Indian exporter’s bank account.
2️⃣ The bank verifies & issues e-BRC, transmitting data to DGFT.
3️⃣ DGFT updates the e-BRC status on the ICEGATE & DGFT portal.
4️⃣ Exporters can download & use e-BRC for claiming export incentives.
👉 Only banks authorized by RBI can issue e-BRC.
All Authorized Dealer (AD) Banks registered with RBI issue e-BRCs once an export payment is received and credited to the exporter’s account.
Common Issues with e-BRC & How to Resolve Them
1. Missing e-BRC Records on DGFT Portal
🔹 Cause: Bank has not transmitted data or there is a system delay.
🔹 Solution: Exporter should contact their bank and request transmission.
2. Incorrect Data in e-BRC
🔹 Cause: Mistakes in invoice details, buyer details, or amount received.
🔹 Solution: Request the bank to make corrections and re-issue e-BRC.
3. Non-Transmission of e-BRC by Bank
🔹 Cause: Technical issues, manual errors, or non-reporting.
🔹 Solution: Follow up with the bank and ensure submission to DGFT.
4. Delay in Claiming Export Incentives Due to e-BRC Issues
🔹 Cause: Incorrect or missing e-BRC records.
🔹 Solution: Verify e-BRC data and ensure correct submission before applying for incentives.
Exporters need e-BRC to avail benefits under:
- RoDTEP (Remission of Duties and Taxes on Exported Products)
- RoSCTL (Rebate of State & Central Taxes and Levies)
- Advance Authorization Scheme
- Export Promotion Capital Goods (EPCG) Scheme
Why Choose Pragati Exim Solution for e-BRC Assistance?
📌 25+ years of expertise in Exim consultancy
📌 Hassle-free e-BRC retrieval & issue resolution
📌 Expert guidance on export incentives & compliance
📌 Dedicated support for all e-BRC-related queries
📞 Need help with e-BRC? Contact Pragati Exim Solution today!
- 01 What is e-BRC?
- e-BRC is an electronic certificate issued by banks as proof of export payment realization.
- 02 Can an individual apply for IEC?
- Yes, individuals engaged in commercial imports/exports can apply for IEC using their PAN card.
- 03 How can I check my e-BRC online?
- Exporters can log in to the DGFT e-BRC module to check the status and download the certificate.
- 04 What should I do if my bank has not issued e-BRC?
- Contact your bank’s export division and request an update on payment realization.
- 05 Can an e-BRC be corrected if issued with incorrect details?
- Yes, banks can rectify errors and reissue the corrected e-BRC.
- 06 Does e-BRC replace the physical BRC?
- Yes, the digital system has completely replaced paper-based BRC.
- 07 How long does it take for an e-BRC to be generated?
- It depends on the bank but is usually issued within a few days of receiving export payment
- 08 What if my e-BRC is missing from DGFT records?
- Contact the issuing bank and ensure it was uploaded correctly to DGFT’s system.
- 09 Do all banks issue e-BRC?
- Only Authorized Dealer (AD) banks registered with RBI and DGFT can issue e-BRC.
- 10 Can I use e-BRC for GST refunds?
- Yes, it is required to claim GST refunds on exports.
- 11 What details are included in an e-BRC?
- It contains exporter details, invoice number, shipping bill number, bank details, realization amount, and currency.
- 12 How can I download my e-BRC?
- Log in to DGFT’s e-BRC portal, enter required details, and download the certificate.
- 13 Is e-BRC valid for international trade disputes?
- Yes, it serves as a legal document proving export payment realization.
- 14 What is the role of RBI in e-BRC?
- RBI monitors foreign exchange transactions and ensures compliance.
- 15 Can Pragati Exim Solution help with e-BRC issues?
- Yes! If you need assistance with e-BRC generation, modifications, or compliance, Pragati Exim Solution provides expert guidance.