As per circular on RBI it states that E-BRC is compulsory for CSBV shipments.
Does E-BRC for CSBV shipments is compulsory if I do not claim MEIS or duty Drawback?
I can see that CSBV shipments can also be tracked on icegate site by entering CSBV shipping bill details under Manual/Courier/Postal Shipping bill option. ( see attached)
Just want to know how can one maintain transactions which are done through PayPal of eBay sales and get reference number which is been done by PayPal through NEFT, coz many a times is the case is open on PayPal than PayPal automatically refunds to buyer and the USD amount is deducted. Its becomes very difficult to search ref. No. Against each transaction. I have approx. 1000 CSBV shipments transactions. How can I maintain these records and give all docs to bank for closure. Moreover Shipment Values of exports are of $20 to $100 and For e-BRC bank requires CITIN.... as reference number against each transaction and they charge 500 plus GST for each transaction to close in EPDMS. So for CSBV shipments will the bank close this docs same as commercial exports.
CAclubindia
