Horizon Business Solutions(HBS) is providing a clear and complete overview for issuance of the e-BRC (Electronic Bank Realization Certificate) system in India — a vital part of export documentation under the Foreign Trade Policy.
📘 What is e-BRC?
The Electronic Bank Realization Certificate (e-BRC) is a digital document issued by banks and uploaded to the DGFT portal. It confirms that an exporter has received payment in foreign exchange for goods or services exported. It’s essential for:
- Claiming export incentives (e.g., RoDTEP, SEIS)
- Verifying export transactions
- Ensuring compliance with DGFT and RBI regulations
🛠 How Does It Work?
The DGFT’s enhanced e-BRC system is based on electronic Inward Remittance Messages (IRMs) sent directly by banks. Exporters then self-certify their e-BRCs using these IRMs.
Key Features:
- IRM/ORM Repository: View inward and outward remittances uploaded by banks
- Generate e-BRC: Self-certify against one or multiple IRMs
- Bulk Generation: Create multiple e-BRCs at once
- Cancel e-BRC: Remove unused or incorrect certificates
- Utilization Report: Track linkage between IRMs, shipping bills, and e-BRCs
📝 How to Access e-BRC
You can manage everything through the DGFT e-BRC Portal. Here’s what you can do there:
- Search and view IRMs
- Generate or cancel e-BRCs
- Download utilization reports
- Respond to flags raised by banks or agencies
- Use quick guides for bulk generation and certification
🛠 How Is e-BRC Issued?
🔹 Step-by-Step Process:
- Bank Uploads IRM (Inward Remittance Message)
- Your bank sends foreign exchange realization data directly to DGFT’s server.
- Exporter Logs into DGFT Portal
- Visit the DGFT e-BRC portal
- Use your IEC and PAN to access the IRM/ORM repository
- Self-Certify e-BRC
- Match inward remittance with your shipping bill/invoice
- Add details like commission, insurance, and freight
- Generate e-BRC digitally
- Download or Cancel
- You can view, download, or cancel unused e-BRCs
- Also request utilization reports for audit or scheme claims
📋 Key Features of the New e-BRC System
- Paperless: No physical submission required
- Secure: Data transmitted directly by banks
- Flexible: Bulk generation and cancellation options available
- Integrated: Linked to shipping bills and invoices for seamless verification
📗 Helpful Resources
- DGFT e-BRC Portal – Self-certify, view, and manage e-BRCs