Directorate General of Foreign Trade (DGFT) is an Indian government agency that facilitates and regulates international trade. It was established on January 1, 1991, as part of the Ministry of Commerce and Industry. Before 1991, it was known as the Chief Controller of Imports and Exports (CCI&E).
The Director General of Foreign Trade oversees foreign trade operations and enforces trade policies. It also facilitates the implementation of international trade agreements and regulations.
DGFT utilizes a Digital Signature Certificate (DSC) to simplify trade processes for secure and efficient online transactions, including the submission of documents and applications required for trade operations. If you are in international trade, Buy DSC to simplify your DGFT dealings and secure your submissions.
Digital Signature for DGFT Purpose
DSC on the DGFT portal ensures:
Secure Submissions
Verify Identity.
Regulatory Compliance
Streamline Processes
Prevent Tampering
Transaction Authentication
Get your digital signature for DGFT to avail these benefits.
What is the cost of DGFT digital signature?
Digital Signature for DGFT price depends on several factors:
1.Type of DSC: The cost varies based on whether you choose a Class 2, Class 3, or DGFT-specific DSC.
2.Class of DSC: Higher classes like Class 3, generally cost more due to increased security and verification levels.
3.Validity Period: The cost can differ depending on whether you opt for a 1-year, 2-year, or 3-year validity period.
4.Token Option: DSC can be issued with a hardware token or as a soft copy; hardware tokens typically cost more due to the physical device included.
5.Service Provider Fees: Different service providers may have varying pricing structures and additional charges.
Buy your
Digital Signature for DGFT from Capricorn CA at the best price.
What is the BRC certificate?
A Bank Realization Certificate (BRC) is a document issued by a bank in India that serves as proof of payment received from an overseas buyer for exports. It is primarily used for:
1.Export Documentation: Confirm that payment for export transactions has been received and credited to the exporter's account.
2.Compliance: Demonstrating compliance with Foreign Exchange Management Act (FEMA) regulations for repatriation of export proceeds.
3.Customs and DGFT: It supports claims for various export incentives and benefits, such as those provided by the Directorate General of Foreign Trade (DGFT).
4.Verification: This is a verification tool for the authenticity of the export transaction.
Is BRC mandatory for export?
BRC or e-BRC is mandatory for all export transactions in India. It serves as proof that the exporter has received payment for their goods or services and is essential for compliance with export regulations and claiming benefits under various schemes.
Proof of Payment: This shows that you have received money for the goods you exported.
Follows Rules: Ensures you're following the rules about bringing money back into India from exports.
Get Benefits: Helps you claim government rewards or incentives for exporting.
Bank Help: This makes it easier to get loans or financial help from banks for your export business.
Verification: Acts as proof for audits or checks to confirm your export transactions.
Record Keeping: Keeps a record of your export payments for future reference.
Can we get BRC Online?
Yes, you can obtain a Bank Realization Certificate online through the DGFT portal by submitting the required details and documentation. The eBRC will be available in your DGFT account once processed.
How do I get BRC from DGFT?
To get a BRC from DGFT, follow these steps:
1. Go to the DGFT portal and log in with your ID, password, and Captcha.
2. Click on "
Services" and choose "
eBRC" from the options.
3. Click the "
Explore" link under the "
Generate e-BRC" section.
4. Choose the type of eBRC like the export of goods or services.
5. Enter the IRM number (Import Reference Number), and fill in the amount. The rest of the data will auto-populate.
6. Click "
Save & Next" to view and review your eBRC details.
7. Read the declaration, tick the checkbox, and click "
Generate e-BRC" to complete the process.
8. Your eBRC will be generated and visible in the repository, and you will receive a confirmation message with the eBRC number.
Is DSC helpful for BRC?
Yes, a Digital Signature for DGFT helps obtain a Bank Realization Certificate (BRC) as it ensures secure and authenticated electronic submissions of export documents to DGFT.
Conclusion
Digital Signature for DGFT makes trade transactions and obtaining a Bank Realization Certificate (BRC) simpler and more secure. It also ensures that your export processes are smooth and compliant. Get your DSC today to simplify your export operations and stay on track.
