Loss Of Original Bank Certificate

4.53

In such cases where original Bank Realisation Certificate (BRC) has been lost, the DEPB claim can be considered subject to submission of following documents:

a) A duplicate copy of BRC issued by bank authority in lieu of original loss;

b) An application fee equivalent to 2% of the DEPB entitlement in respect of lost BRC;

c) An affidavit by exporter about loss of BRC and an undertaking to surrender it immediately to RA, if found subsequently;

d) An indemnity bond by exporter to the effect that he would indemnify Government for financial loss, if any, on account of DEPB issued against lost BRC.

Claim against lost BRC shall be preferred within a period of six months from date of realisation and application received thereafter will be rejected.

In such cases, where both documents have been lost, exporter shall follow procedure laid down in paragraph 4.52 and 4.53. Time period for such application shall be as per paragraph 4.52 and 4.53, whichever is later.