17 April 2013
We have done export through Merchant Exporter against CT 1 bond and we have to submit Proof Of Export to Central Excise Department with in Six month of period , But Exporter is saying that he has LC of 180 days and after completion of 180 days Buyer's bank will remit the amount in his India' bank a/c after that Bank will provide BRC and thereafter , Exporter will submit BRC to Central excise and than Department will issue PROOF of EXPORT ?
we would like to know what is exact procedure of getting Proof of Export ? Please help me out .
18 April 2013
WHENEVER EXPORTER EXPORT THE GOODS AND TAKE THE EXCISE / CUSTOM INCENTIVE IT IS MANDATORY SUBMIT THE BRC.
Original Bank Certificate of Exports & Realisation as per Appendix 22-A or Appendix 22-D/ FIRC/ Irrevocable Letter of Credit (Status holder)/ Confirmed irrevocable Letter of Credit (non-status holder)/ proof of RBI write off on export realisation (as applicable) duly signed by the bankers