eBRC (Electronic Bank Realisation Certificate) is an electronic record that confirms an Indian exporter has received payment for exported goods or services. It is generated through the DGFT’s electronic system based on export payment information reported by the exporter’s bank.
eBRC helps exporters maintain proof of export payment and claim eligible export benefits. It also makes the process more convenient by reducing the need for physical certificates and paperwork.
How It Works:
- Exporters ship goods or provide services.
- Overseas buyers make the payment.
- The bank reports the payment details electronically.
- eBRC is generated through the DGFT system.
- Exporters use it for applicable compliance or benefits.
Benefits:
- Provides electronic proof of payment
- Simplifies export documentation
- Supports eligible export benefits
- Reduces paperwork
Example:
An Indian exporter receives payment from a US buyer for an export order. The bank reports the payment, and the exporter can access the corresponding eBRC electronically.