EXPORT BILL AMOUNT

This query is : Resolved

Export Shreeji (Querist)
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03 June 2021 Sir, shipment already gone.

Payment was received in advance. Now we need to clear GR form and get to issue BRC, so which amount should we mentioned on the BRC?

BILL AMT: 1162 X 12 X 73.23 = 1021119.12
SHIPPING BILL AMT: 85.09 PER KG X 12 = 1021.08 BY MISTAKE PER KG RATE CALCULATED AS PER MT RATE

If we put invoice amount, will bank issue BRC, if there would be difference in amount between invoice and shipping bill?

hope to see soonest reply.

Rajamahendra Varma M.B.A.,LL.B

Rajamahendra Varma M.B.A.,LL.B (Expert)
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15 June 2021 Bank will issue BRC exactly to the amount which got realised. It won't adjust any amount while issuing BRC/FIRC. If the invoice value low, then raise supplementary invoice. If the invoice value high, then collect the differential amount from buyer.