AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Other export incentive
On 5 June 2012, the Indian Directorate General of Foreign Trade (DGFT) notified the introduction of an electronic system for issuance of Banks Realization Certificates (BRCs), a certificate whose physical submission is currently required for exporters who want to claim export benefits. The new system will transmit the Certificates directly to DGFT's server and is expected to reduce cost and time for the transactions.
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