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The Use of eBRC

Heavy Industrial Motors
From Poland
To Italy
188 views / 0 experts
Kerim A.
Jan 05, 2023

What is the use of eBRC for an Exporter? 

1 answer

Jan 05, 2023

With eBRC now there is minimum human intervention and less transaction cost for granting export benefits to exporters. DGFT is already receiving information for shipping bills electronically through EDI ports, now with this integration with banks it is receiving the foreign currency realisation details too which can be linked to each shipping bill. The information as per shipping bill and eBRC is matched so that the value at which incentive is to be provided to the exporter can be verified.

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