What is meaning and importance of BRC (Bank realisation Certificate)? Is it necessory to take BRC for each export invoice raised?
Bhavesh Jain (Student) (208 Points)
10 January 2012What is meaning and importance of BRC (Bank realisation Certificate)? Is it necessory to take BRC for each export invoice raised?
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 10 January 2012
BANK CERTIFICATE OF EXPORT AND REALISATION IS MAKE AFTER THE SHIPMENT AND REALISATION THE PAYMENT SO THAT EXPORTER ENABLE TO AVAIL. INCENTIVE THROUGH DGFT AND CUSTOMS.
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