Export of Goods and Services: Export Data Processing and Monitoring System (EDPMS) - RBI Instructions
AS of now, AD banks are submitting the various returns like
1. XOS (export outstanding statements),
2. ENC (Export Bills Negotiated/sent for collection) for acknowledgement of receipt of Export documents,
3. Sch.3 to 6 (realization of export proceeds),
4. EBW (write-off of export bills),
5. ETX (extension of realization of export bills) relating to Export transaction under FEMA to RBI.
These various returns are being managed on a different solo application or manually.
With a view to simplify the procedure for filling various returns and for better monitoring, a comprehensive IT- based system called EDPMS has been developed which will facilitate the banks to report all the above mentioned returns through a single platform. In the new system, the primary data on exports transactions including offsite software exports from all the sources viz. Customs/SEZ/STPI will flow to RBI secured server and then the same will be shared with the respective banks for follow up with the exporters. Subsequently, the document submission and realization data will be reported back by the AD banks to RBI through the same secured RBI server so as to update the RBI database on real time basis to facilitate quicker follow up/ data generation. The AD banks are required to download and upload the data on daily basis.
A P (DIR Series) CIRCULAR No. 101/RBI., Dated: February 4, 2014