MANU/DGFT/0088/2022

Ministry : Ministry of Commerce and Industry

Department/Board : DGFT

Trade Notice No. : 12/2022-2023

Date : 30.05.2022

Notification/ Circulars Referred : Public Notice 58 dated 29.01.2020 MANU/DGFT/0015/2020;Trade Notice No 13 dated 4th August 2021 MANU/DGFT/0097/2021

Citing Reference:
Public Notice 58 dated 29.01.2020 MANU/DGFT/0015/2020  Referred

Trade Notice No 13 dated 4th August 2021 MANU/DGFT/0097/2021  Referred

To,

Members of Trade and Industry who have availed ROSCTL Scrips
All Regional Authorities (RAs) of DGFT
EPCs/ FIEO

Uploading of e-BRC by 15.07.2022 for shipping bills on which RoSCTL scrip has been availed from DGFT RAs

1. Attention of the trade and industry members is brought to Para 4.96 (d) of Public Notice 58 dated 29.01.2020, wherein it has been stipulated that under RoSCTL, the rebate allowed is subject to the receipt of export proceeds within time allowed under the Foreign Exchange Management Act, 1999 failing which such rebate shall be deemed never to have been allowed. Action under the FT (D&R) Act, 1992 may be taken by the Regional Authorities for repayment of erroneous or excess paid RoSCTL. Earlier a Trade Notice No 13 dated 4th August 2021 had been issued urging all exporters to comply with the extant guidelines on realisation of export proceeds and get the process of uploading of eBRCs at the DGFT server completed by the AD Banks.

2. As per RBI guidelines, it is expected that all shipping bills upto 31.12.2020 would have their export proceeds realized by now. Accordingly, all exporting firms, who have been issued scrips under RoSCTL for exports / shipping bills upto 31.12.2020, are requested to get the relevant e-BRCs uploaded in the DGFT server by their AD banks latest by 15.07.2022, failing which action as per para 4.96 of HBP, as notified vide PN 58 dated 29.01.2020 would be initiated by the jurisdictional RAs.

3. This is issued with the approval of competent authority.

Dr. Ashis Kumar Dash
Joint Director General of Foreign Trade

[Issued from F. No. 01/61/180/360/AM19/PC-3(Part2)]