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Banking Issues faced by exporters (e-BRC delay etc)
 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle, 4th Floor, 7, Cooperage Road, Mumbai - 400 001. India

Tel : +91 22 22021288 Website : www.//chemexcil.in

 


 

EPC/LIC/BANKING                                                                      08/06/2018

 

ALL  MEMBERS OF THE COUNCIL

              

 

Banking Issues faced by exporters

 

(e-BRC delay etc)

 

 

 

Dear Members,

 

As you are aware, caution listing  on account of RBI-EDPMS  has been a cause of concern as it impacts export shipments, document submission to buyers  and also resultant business. In this regard, we understand that the date for implementing the caution list in EDPMS  has been extended till 30-Sep-2018.  

 

However, we understand that  there are still many  cases of delays  in uploading of e-BRC by the bank which result in  delayed export incentives and other compliance related issues.  Further, if in case you are facing any other banking related issues  which is impacting exports, do let us know.

 

Member-exporters are requested to revert with full details  of the banking issues faced,   latest by  18/06/2018 on our e-mail ids- ed@chemexcil.gov.in   & deepak.gupta@chemexcil.gov.in .

 

Your timely replies will enable  us submit a comprehensive representation to the government and also arrange a stakeholders meeting.

 

Thanking You,

 

Yours faithfully,

 

S.G. BHARADI
EXECUTIVE DIRECTOR

CHEMEXCIL

 

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