Export Proceeds Realisation
Track 9-month export realisation timelines, alerts for overdue invoices.
Track realisation of export proceeds against FEMA timelines. Failure to realise within stipulated period leads to compounding proceedings under Section 8 of FEMA, 1999.
Realisation Tracker
- Normal exporters: 9 months from the date of export.
- Status holders / SEZ / EOU units: 15 months from the date of export.
- Goods exported to a warehouse abroad: 15 months.
- Software exports: 9 months from the date of invoice.
- Project exports: Period as specified by approval authority.
- Section 8 contravention: Penalty up to 3 times the export value (Section 13 FEMA).
- Reputation impact: Exporter listed on Caution List by RBI, restricting future foreign currency transactions.
- Extension: AD Bank may grant extension; large amounts require RBI approval. Apply before deadline.
- Write-off: Limited to 5% of total export proceeds in a calendar year per exporter (without RBI approval); beyond this, compounding required.
- e-BRC (Bank Realisation Certificate): Must be obtained from AD Bank within 21 days of realisation, uploaded to DGFT portal for benefits / drawback.
- EDF (new unified form, from 1 Oct 2026): Replaces separate forms for goods, services, software.
- SOFTEX: For software exports (to be issued by STPI / SEZ before invoice).
- FIRC / FIRA: Foreign Inward Remittance Certificate issued by AD Bank on realisation.
- e-BRC: Electronic Bank Realisation Certificate uploaded to DGFT portal.
- EEFC Account: Up to 100% export proceeds retainable for outward remittances; non-interest bearing.
Other FEMA Tools
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Check FDI permissibility, route (automatic / approval) and sectoral caps.
Open Tool →ECB Compliance Calculator
External Commercial Borrowing — borrowing limits, MAMP and all-in-cost.
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