Organisation : Directorate General of Foreign Trade (DGFT)
Facility Name : Electronic Bank Realisation Certificate (eBRC)
Applicable Country : India
Website : https://www.dgft.gov.in/CP/?opt=eBRC
What is Electronic Bank Realisation Certificate (eBRC)?
“eBRC” stands for “electronic Bank Realisation Certificate”. It will be issued by DGFT as confirmation that the exporter has received payment from the buyer against the export of goods or services. This more streamlined process is based on electronic Inward Remittance Messages (IRMs) to be transmitted directly by banks to DGFT. Based on the IRMs received, the exporters shall self-certify their eBRCs.
Related / Similar Facility : DGFT Pre-Shipment Inspection
Services Offered By eBRC
Services provided under the new eBRC system shall include the following.
** IRM / ORM Repository – Search and view the inward and outward remittances uploaded by banks against your PAN. Outward remittances are auto linked to the reference inward remittances.
** Generate eBRC – Self-Certify and generate eBRC against one / multiple inward remittances from bank as per the self-certification criteria.
** View / Cancel eBRC – Search and view the eBRC from Bills Repository. You can also cancel any unutilized self-certified eBRC from here.
** View IRM Utilization Report – Request and download the utilization report for inward remittances and their linkage to corresponding shipping bill/ invoices and eBRC.
FAQ On Electronic Bank Realisation Certificate (eBRC)
Frequently Asked Questions FAQ On Electronic Bank Realisation Certificate (eBRC)
What is an IRM Number?
An IRM Number “Inward Remittance Message Number” is a reference number assigned by the bank to an inward remittance transaction. It is used to identify the transaction and link it to the Exporter’s account.
What is ORM?
Outward Remittance Message (ORM) generated by banks for outward remittance/s for import payments or Exports refund/ discounting payments on behalf of their importer/ Exporter customer.
What is the Purpose Code?
The Purpose code is assigned to a transaction which states the purpose for which the transaction is being made.
What is Bank Unique Transaction Id?
The unique transaction id is mainly for technical purpose. Each IRM message can constitute of a bundle of IRN, and its details sent in a single message and this can be passed to identify the records status of all IRM in a single message. Messages sent on different dates will have different unique transaction id. It will be different for amended, cancelled and fresh messages for the same IRN number.
What is a Bank Reference number?
Bank reference number corresponding to the IRM message. Multiple IRM can have the same bank reference number. Bank reference number of multiple IRM can be also same if it is for the same export declaration.
What is the Difference between IRM issue date and Remittance date?
Ans. Remittance date is used for Inward remittance received, whereas IRM issue date is IRM message to be issued to the Exporter corresponding to the verification of the payment.
What is SOFTEX?
Softex forms are related to specifically export of software means any entity making export of software and software related service required to follow this procedure. It is filed by every software exporter within 30 days from the date of invoice / the date of last invoice raised in a month. To generate eBRC for SOFTEX, Exporters must choose the specific purpose code. Within the “SERVICE” category, Exporters will have to select “IT.”
How to generate eBRC having multiple Invoices and one SOFTEX?
The exported need to generate multiple eBRCs for multiple invoice no.
Can Multiple eBRC, invoice wise generated from Single SOFTEX?
Yes, Multiple eBRC can be generated from single SOFTEX by entering the Invoice no. in the eBRC