The Directorate General of Foreign Trade (DGFT) has introduced the Electronic Bank Realisation Certificate (e-BRC) for exporters, streamlining trade processes by verifying payment receipts for exported goods or services. The e-BRC, alongside the traditional Bank Realisation Certificate (BRC), is crucial for accessing export benefits under the Foreign Trade Policy (FTP), reflecting accurate economic indicators and financial data.

Banks issue the BRC to confirm that payment for exports has been received. Exporters must provide banks with the export value, which banks log in the Export Data Processing and Monitoring System (EDPMS). Post payment, exporters submit shipping bills for banks to record transactions, subsequently issuing an e-BRC as proof of payment linked to these transactions.

The BRC is vital for availing government export incentives such as subsidies and duty exemptions. Formerly a cumbersome process requiring bank visits, the DGFT's 2012 introduction of the e-BRC has simplified access to export benefits. Banks electronically transmit BRC data to the DGFT server as secured e-BRCs, promoting paperless trade.

In July 2022, DGFT transitioned to a new e-BRC platform, requiring Authorised Dealer (AD) banks to comply. The DGFT integrates this with EDI port shipping bill data, ensuring systematic record-keeping. Exporters merely link e-BRCs to their shipping bills online for incentives, eliminating paperwork submissions.

To view e-BRC uploads on the DGFT website, exporters should:

• Log in to the DGFT portal and access 'My Dashboard'.
• Select 'Repositories' and click 'Explore'.
• Choose 'Bank Realisations (e-BRC)' from the drop-down list.
• Enter 'From' and 'To' dates, then hit 'Search'.
• View displayed e-BRCs uploaded by banks.

For downloading and printing BRCs:

• Log in and navigate as before to 'Repositories'.
• Select the e-BRC option and define date range.
• Choose 'Bank Realisation Number' to view details and 'Print eBRC'.

e-BRC facilitates claiming export incentives through electronic submission of shipping bills on ICEGATE, implemented by DGFT. Incentive values are derived from FOB values in shipping bills and realized values in e-BRCs. Exporters must ensure e-BRC values reflect complete realization for incentive application.

Furthermore, e-BRCs can accompany integrated GST or ITC refund applications, integrating GST processes into export transactions efficiently. This tool ensures transparency and precision in documentations of export activities, supporting seamless trade.