**Summary:**
This Public Notice No. 50/2015-2020, dated March, 2022, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, amends the guidelines of ANF4F of the Handbook of Procedures 2015-2020. The amendment pertains to the submission of export realization documents under Advance Authorization. Specifically, for exports to countries listed by the Office of Foreign Assets Control (OFAC), exporters can now submit a Foreign Inward Remittance Certificate (FIRC) along with a self-declaration stating that an eBRC (Electronic Bank Realization Certificate) could not be generated by the concerned bank. This modifies existing Para 2(a)(i) of ANF4F, allowing for FIRC submission in lieu of eBRC/Bank Certificate of Exports and Realization in specific cases. The effective date of this notice is March, 2022. For further information, contact the Director General of Foreign Trade at dgft@nic.in, referencing File No. 01/94/180/218/AM21/PC4.
Key Entities Referenced
Directorate General of Foreign Trade: An agency of the Ministry of Commerce and Industry, Government of India, responsible for implementing the Foreign Trade Policy.
Udyog Bhawan, New Delhi: Location of the Directorate General of Foreign Trade office in New Delhi, Delhi.
Foreign Trade Policy 2015-2020: A policy document outlining guidelines and regulations for foreign trade in India during the specified period.
ANF4F of Handbook of Procedures 2015-2020: A specific annexure (ANF4F) within the Handbook of Procedures, providing detailed guidelines related to foreign trade processes during the 2015-2020 period.
eBRC / Bank Certificate of Exports: Electronic Bank Realisation Certificate, a document certifying export transactions and realization of payments.
Foreign Inward Remittance Certificate (FIRC): A certificate issued by a bank confirming the receipt of foreign currency into India.
OFAC listed countries: Countries sanctioned by the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury.
Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India.
(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-I
SECTION-I)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi
Public Notice No. 50/2015-2020
17
Dated the March, 2022
Subject: Amendments in the Guidelines of ANF-4F of Handbook of Procedures 2015-
2020.
In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-
2020, as amended from time to time, the Director General of Foreign Trade makes the
following amendments in the guidelines of ANF-4F of Handbook of Procedures, 2015-2020:
Existing Para 2(a)(i) Amended Para 2(a)(i)
(i) e-BRC I Bank Certificate of Exports and (i) e-BRC I Bank Certificate of Exports and
Realisation in the form given at Appendix Realisation in the form given at Appendix
2U or Foreign Inward Remittance 2U or Foreign Inward Remittance
Certificate (FIRC) in the case of direct Certificate (FIRC) in the case of direct
negotiation of documents or Appendix 2L negotiation of documents or Appendix 2L
in case of offsetting of export proceeds. in case of offsetting of export proceeds.In
case of export to OFAC listed countries,
exporter may submit FIRC along-with
the self-declaration that e-BRC could not
be generated by the concerned bank.
Effect of this ~ublic Notice: Guidelines of ANF-4F of Handbook of Procedures, 2015-
2020 has been amended to allow submission of FIRC in case of exports made to
OFA C listed countries under Advance Authorization.
~
.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-officio Additional Secretary to Government of India
E-mail: dgft@nic.in
[Issued from File No. 01/94/180/218/AM21/PC-4]
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