In Appendix 22a (BRC), What is meant by date of realisation of export proceeds?
Also what is the number that is asked under column No: 3 & 4. where to find it in EP Copy?
What is meant by GR from Bank
M.Priya (Executive) (32 Points)
03 July 2010In Appendix 22a (BRC), What is meant by date of realisation of export proceeds?
Also what is the number that is asked under column No: 3 & 4. where to find it in EP Copy?
What is meant by GR from Bank
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 03 July 2010
DEAR M. PRIYA JI,
APPENDIX-22A , (CERTIFICATE OF BANK REALISATION OF EXPORT )ISSUED BY BANK ER AFTER REALISATION THE PAYMENT EITHER L.C. or AS PER EXPORT SALES CONTRACT.
DATE OR REALISATION PROCEED MEANS , WHEN THE PAYMENT ISSUED BY BUYER AND WHEN BANK CERTIFIY AND AUTHINICATE IT , SUBMIT IN CONCERNED DGFT, / RLA OR CUSTOM FOR ISSUANCE THE LICENCE OF CHAPTER-3.
IN COLUMN NO. 3, EXPORTER MENTIONED THE NO. OF EP COPY OF SHIPPING BILL.
EP COPY= EXPORT PROMOTION COPY. IT IS GENERATE BY CUSTOM DEPARTMENT. (NIC/ CMC,ONCOR) etc
in column no.4, DATE OF EP COPY OF SHIPPING BILL WHEN THE FILED FOR GENERATE THE SHIPPING BILL DATE IS ALSO MANDATORY BY THE DEPARTMENT.
G.R(GENERAL REGISTER) NO. FILED IN BANK IN CASE OF MANUAL REGISTER NO. IN CUSTOM ENTRY. IS MANDATORY TO SUBMIT IN BANK BY THE CUSTOM.
REGARDS
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
