CA Rahul , Tax Head at Lenskart writes in his LinkedIn-
eBRC Now Linked with GST Invoices – Transaction-Level Control on Export Realisations.
A significant compliance shift for exporters – Electronic Bank Realisation Certificates (eBRC) are now being linked directly with GST invoices.
What does this mean? this move enables invoice-level tracking of export proceeds, tightening reconciliation between:
- GST reported exports
- Banking realisation data
- FEMA timelines
The intent is clear – stronger transaction-level control over export realisation.
Potential Challenges for Exporters: while this enhances transparency, it also increases compliance risk:
- Higher scrutiny of delayed remittances
- Risk of IEC blockage
- Possible withdrawal of LUT facility
- Increased system-driven validations
Delays in receiving export proceeds could now have more immediate GST implications.
What Exporters Should Do:
- Ensure realisation within FEMA-prescribed timelines
- Closely monitor ageing of export receivables
- Maintain documentation for extended realisation periods
This change makes coordination between finance, tax, and treasury teams more critical than ever.
Export compliance is no longer just about filing returns – it’s about real-time alignment of GST and FEMA.
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