No. CLE-HO/POL/Circular/17-18

January 8, 2018

Sub : Export Data Processing and Monitoring System (EDPMS)

Members of the Council,

Dear Sir,

Kindly refer to our earlier circular dated 28.6.16 and 21.9.17 regarding export data processing and monitoring system (EDPMS) wherein exporters would be caution listed if any shipping bill against them remains open for more than two years in EDPMS provided no extension is granted by AD Category – I bank / RBI. Date of shipment will be considered for reckoning the realization period. We have now received a communication from FIEO stating the following.

• The Reserve Bank of India had given instructions to AD Banks to close all outstanding entries in EDPMS by 31^st December, 2017. However, it has been noted that AD Banks have failed to meet the requirements of/ direction issued by the RBI.

• FIEO had taken up the matter with the RBI and DGFT stating that inaction at the level of AD Banks may not only render the exporters Caution listed but will have an adverse effect on exports also.

• The Reserve Bank of India has extended the special dispensation upto 31^st March, 2018. Thus, till March 31, 2018 the exporters could not be treated as Caution listed.

• The RBI has again requested the AD Banks to clear the pendency in EDPMS on or before March 31, 2018 in close coordination with the exporters. The RBI Bank expects that the AD Banks should ensure that:

1. Outstanding entries in EDPMS beyond 2 years are closed immediately, and
2. Outstanding entries in EDPMS beyond 9 months are closed latest by 31^st March, 2018.

Members may please get settled to all their Shipping Bills within the prescribed time period i.e., 31^st March, 2018.”

Thanks & regards,
Ramesh Kumar
Executive Director

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No. CLE/POLICY/CIRCULAR/2017
September 21, 2017

Members of the Council,

Sub : Export data Processing and Monitoring System (EDPMS)

Dear Sir,

Kindly refer to our earlier circular dated June 26, 2016 informing about Export Data Processing and Monitoring System (EDPMS) which is an online platform for monitoring export returns. The RBI has now issued circular No.04 dated 15/09/2017 stating the following.

“Banks are directed to update the EDPMS with data of export proceeds on “as and when realized basis” and, with effect from October 16, 2017 generate Electronic Bank Realisation Certificate (eBRC) only from the data available in EDPMS, to ensure consistency of data in EDPMS and consolidated eBRC.”

Members may kindly note the above.

Thanks and regards

R.Ramesh Kumar
Executive Director
COUNCIL FOR LEATHER EXPORTS

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No. CLE-HO/POL/CIRCULAR/15-16
June 28, 2016

SUB: Export Data Processing and Monitoring System (EDPMS) – Additional modules for caution listing of exporters, reporting of advance remittance for exports and migration of old XOS data

Members of the Council

Reserve Bank of India, Mumbai has issued a Circular No.74, dated: 26, May 2016 on the subject stating that so as to simplify the procedure for filing returns (on export shipments) on a single platform and for better monitoring through integrating the returns relating to a) handling of shipping bills for caution listed exporters b) delayed utilization of advances received for exports and c) exports outstanding, the Export Data Processing and Monitoring System (EDPMS) has been in operation since March 1, 2014. As regards Caution/ De-caution listing of exporters, the following will be the criteria

1. The exporters would be caution listed if any shipping bill against them remains open for more than two years in EDPMS provided no extension is granted by AD Category – I bank / RBI. Date of shipment will be considered for reckoning the realization period.

1. Once related bills are realized and closed or extension for realization is granted, the exporter will automatically be de-caution listed.

• The exporters can also be caution listed even before the expiry of two years period based on the recommendation of AD banks. The recommendation may be based on cases where exporter has come to adverse notice of the Enforcement Directorate(ED) / Central Bureau of Investigation (CBI) / Directorate of Revenue Intelligence (DRI) / any such other law enforcement agency or the case where exporter is not traceable or not making any serious efforts for realization of export proceeds. In such cases, AD may forward its findings to the concerned regional office of RBI recommending inclusion of the name of the exporter in the caution list.

1. Reserve Bank will caution / de-caution the exporters in such cases based on the recommendation of AD Category – I banks.

Members may kindly note the above please.

Thanks & Regards

R.Ramesh Kumar I.A.S
Executive Director
Council for Leather Exports

RBI-CIrcular-No.74 || APDIR4