How e-BRC Revolutionizes Export Incentives in 2023

The Directorate General of Foreign Trade (DGFT) has rolled out the Electronic Bank Realisation Certificate (e-BRC) to streamline export processes by affirming payment receipts for goods or services sold abroad. Both the e-BRC and the traditional Bank Realisation Certificate (BRC) are essential for accessing export perks under the Foreign Trade Policy (FTP), providing accurate economic data and financial statistics.