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Discharge B1 General Bond

Manoj Nivdunge (Service) (75 Points)

24 June 2011

Dear Experts,

Please help me following matter :

What is the producer for discharging of B1 General bond ?

Actual we are submitted all proof of export & also accepated by bond authority

Very urgent

Regards

Manoj Nivdunge

Nashik,

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3 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 24 June 2011

after export you have to submit

- original and duplicate copies of ARE1 dutly passed by customs

- Bank Realization certificate

- Shipping bill xerox copy

- Bill of lading xerox copy

- annexure 19 in duplicate

after getting triplicate copy from range, and match the same with original, the bond authority will admit the credit of duty payable and discharge the duty liability.

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PRAKASH C B (STUDENT) (89 Points)
Replied 24 June 2011

wHAT IS Bank Realization certificate? wHAT IS THE PROCEDURE TO GET

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 24 June 2011

BRC= Realisation of export proceeds through bank , you have to contact bank for the realization memo against your export which is issued after remittence of funds by your overseas buyer to your banker, against your exports.