MANU/APDR/0036/2016

Ministry : Reserve Bank of India

Department/Board : RBI A.P. DIR (Series)

Circular No. : A. P. (DIR Series) Circular No. 74
                   RBI/2015-2016/414

Date : 26.05.2016

Notification/ Circulars Referred : A. P. (DIR Series) circular No. 74 dated February 9, 2015 MANU/APDR/0020/2015

Citing Reference:
A. P. (DIR Series) circular No. 74 dated February 9, 2015 MANU/APDR/0020/2015  Referred

To

All Authorised Dealer Category - I Banks

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

Madam / Sir,

Attention of AD Category - I banks is invited to paragraph number C.2, C.15, C.20, C.24 and C.28 of Master Direction No.16 dated January 1, 2016 on Export of Goods and Services.

2. To simplify the procedure for filing returns on a single platform and for better monitoring, it has been decided to integrate the returns related to (a) handling of shipping bills for caution listed exporters; (b) delayed utilisation of advances received for exports; and (c) exports outstanding with Export Data Processing and Monitoring System (EDPMS) which has been in operation since March 1, 2014.

3. Caution/De-caution Listing of Exporters

3.1 To streamline the procedure, cautioning / de-cautioning of exporters has been automated. The AD category - I banks can access the updated list of caution listed exporters through EDPMS on daily basis. The list of all caution listed exporters would also be made available to AD category - I banks through their registered e-mail. Criteria laid down for cautioning / de-cautioning of exporters in EDPMS are as under:

i. The exporters would be caution listed if any shipping bill against them remains open for more than two years in ........