Under RoSCTL, the rebate is allowed subject to receipt of sale proceeds within the time allowed under FEMA failing which such rebate shall be deemed never to have been allowed.
Though it is expected that export proceeds would have been received in case of all Shipping Bills prior to 31.03.2020, it is seen that, in case of RoSCTL Shipping Bills with LEO up to 30.03.2020, the corresponding e-BRC has not been uploaded on DGFT site as proof of receipt of export proceeds.
All such IECs / firms who have been issued scrips under RoSCTL to get the e-BRCs uploaded on the DGFT site by the AD banks before 15.09.2021 failing which action to be initiated.