Page 25 - Craftcil Oct 2024

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Mastering EDPMS and the Latest e-BRC System for Export Excellence and Sensitization on

other DGFT Facilitation Initiatives

18th October 2024: This seminar was led by
speakers, Md. Moin Afaque, Joint Director General
of Foreign Trade; and Mr. Harjeet Singh, AGM and
Lead Subject Matter Expert-Trade Finance at ICICI
Bank. Md. Moin Afaque presented insights on the
newly launched Trade Connections Platform,
which aims to streamline compliance
documentation and enhance marketing for
exporters. This platform was inaugurated by Shri
Piyush Goyal, Union Minister of Commerce &
Industry and went live last month at trade.gov.in.
The platform addresses challenges in sourcing
goods from India by connecting exporters with
Seen on the dias LtoR: Mr. Rajesh Rawat, Addl. Executive Director, EPCH; Md. Moin Afaque, Joint Director
foreign buyers and key entities like EPCH and the General of Foreign Trade; and Mr. Harjeet Singh, AGM and Lead Subject Matter Expert-Trade Finance
Department of Commerce. Additionally, the at ICICI Bank
revamped e-BRC process was highlighted, which
facilitates export incentives under the Foreign
Trade Policy and assists with GST refunds on
unutilized input tax credits related to exports.
Highlights of trade platform and eBRC:
Specific services available on the Trade Connect
platform were elaborated : Trade Agreements and
Tariff Explorer; Global eCommerce Guide; Exim
Paathshaala; Trade Events Worldwide; Product
Guide; Country Guide; and Source from India. Mr.
Afaque also outlined several key areas for development on the documents. A risk management-based post-audit mechanism will
platform like Trade Finance and Insurance related to international be employed by banks to verify the authenticity of the certificates.
trade finance and insurance; Government Procurement He addressed issues related to the eBRC process flow, noting that
Information with guidance on accessing the mentioned the current system is underutilized for generating granular data
opportunities; Shipping and Other Logistic Services that will allow on service exports.
exporters to access various shipping and logistics services; Support Although the eBRC is frequently used for GST refunds, there is a
Offered by Various Government Bodies will be included; and
lack of captured service classification data, which complicates
Investment Opportunities in India and abroad across various sectors
standardization and analysis across different agencies. Various
and states.
classifications are currently in use, which hinders effective data
Md. Moin Afaque thereafter elaborated on the eBRC process, stating management. Major changes in the revamped eBRC system
that the revamped system now operates on the basis of trust in include a transition to self-certified eBRC generation, where
Indian exporters. The new eBRC will be generated through self- exporters will log into the DGFT portal, adhere to system-based
certification by exporters, eliminating the need for previous checks, and generate eBRCs that will then flow to banks for risk
application processes with banks. This change promotes a cost- management assessments. The bulk eBRC generation process
free and paperless experience on the DGFT portal, allowing allows exporters to upload Excel sheets containing shipping bill
exporters to generate eBRCs without submitting physical and invoice details, enabling them to automatically generate

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