A new field titled 'Mode of Export of Services' introduced by DGFT

A new field titled 'Mode of Export of Services' has been introduced by The Directorate General of Foreign Trade (DGFT) in the Electronic Bank Realisation Certificate (eBRC) format for service exports, effective May 1, 2025.

This update aims to enhance the self-certification process for exporters on the DGFT portal and align India's data collection framework with global standards under the World Trade Organization's (WTO) General Agreement on Trade in Services (GATS).

What is Mode of Export of Services?

The 'Mode of Export of Services' field corresponds to the four modes of services trade listed under GATS:

Mode 1: Cross-border Supply

Services supplied remotely across borders without movement of individuals, e.g., IT services, remote consulting, telemedicine.

Mode 2: Consumption Abroad

Consumer travels to the service provider's country, e.g., tourism, medical treatment, foreign students.

Mode 3: Commercial Presence

Service supplier establishes a commercial entity abroad, e.g., Indian bank branches overseas, IT company subsidiaries.

Mode 4: Presence of Natural Persons

Individual travels abroad temporarily to provide services, e.g., engineers, doctors, IT professionals on assignment.

Impact on Exporters

Exporters certifying eBRCs linked to Indian Reference Modules (IRMs) must now specify the mode of export while completing the certification. This change aims to improve the accuracy and detail of service export reporting.

An e-BRC is the electronic version of the Bank Realisation Certificate. Introduced by DGFT in 2012, it allows banks to submit payment details digitally, making the export documentation process faster and paperless. The Authorised Dealer (AD) bank, through which the exporter receives the foreign payment, issues the e-BRC after verifying the export documents and payment details. 

e-BRCs serve multiple purposes:

•Proof of export payment received

•Mandatory for claiming export incentives (MEIS, SEIS, RoDTEP, etc.)

•Needed for GST refunds

•Ensures compliance with DGFT, RBI, and GST laws

•Supports data sharing with other regulatory bodies.

 

Statutory Compliance Calendar December, 2023

DUE DATE	STATUE	PURPOSE	COMPLIANCE PERIOD	COMPLIANCE DETAILS
7-Dec-23	Income Tax	TDS/TCS Liability Deposit	Nov-23	Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for previous month.
10-Dec-23	GST	GSTR-7- TDS return under GST	Nov-23	GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST.
10-Dec-23	GST	GSTR-8- TCS return under GST	Nov-23	GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST.
11-Dec-23	GST	GSTR-1	Nov-23	1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceeding year. 2. Registered person, with aggregate turnover of less then INR 5 Crores during preceeding year, opted for monthly filing of return under QRMP.
13-Dec-23	GST	IFF (Invoice Furnishing Facility)	Nov-23	IFF of registered person with turnover less than INR 5 Crores during preceding year and who has opted for quarterly filing of return under QRMP.
13-Dec-23	GST	GSTR -6	Nov-23	Due Date for filing return by Input Service Distributors.
15-Dec-23	Income Tax	Form 24G	Nov-23	​Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of November, 2023 has been paid without the production of a challan.
15-Dec-23	Income Tax	Advance Tax	FY 2023-24	​Third instalment of advance tax for the assessment year 2024-25​.
15-Dec-23	Income Tax	TDS Certificate	Oct-23	Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, 194M and 194S in the month of October, 2023. Note: Applicable in case of specified person mentioned under section 194S
15-Dec-23	Income Tax	Form No. 3BB	Nov-23	​Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of November, 2023
15-Dec-23	Labour Law	Providend Fund / ESI	Nov-23	Due Date for payment of Provident fund and ESI contribution for the previous month.
20-Dec-23	GST	GSTR - 3B	Nov-23	1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceeding year. 2. Registered person, with aggregate turnover of less then INR 5 Crores during preceeding year, opted for monthly filing of return under QRMP.
20-Dec-23	GST	GSTR -5	Nov-23	GSTR-5 to be filed by Non-Resident Taxable Person for the previous month.
20-Dec-23	GST	GSTR -5A	Nov-23	GSTR-5A to be filed by OIDAR Service Providers for the previous month.
25-Dec-23	GST	Due date of Payment of Tax	Nov-23	Due date of payment of GST liability by the registered person whose aggregate turnover was less than INR 5 Crores during preceeding year and who has opted for quarterly filing of return.
30-Dec-23	Income Tax	TDS Challan cum Statement	Nov-23	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194-M and 194S in the month of November, 2023. Note: Applicable in case of specified person as mentioned under section 194S
30-Dec-23	Income Tax	Form No. 3CEAD	FY 2022-23	​​Furnishing of report in Form No. 3CEAD for a reporting accounting year (assuming reporting accounting year is January 1, 2022 to December 31, 2022) by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report under section 286(2) or the parent entity is resident of a country with which India does not have an agreement for exchange of the report etc.
31-Dec-23	Income Tax	Income Tax Return	FY 2022-23	​​​​Filing of belated/revised return of income for the assessment year 2023-24 for all assessee (provided assessment has not been completed before December 31, 2023).
31-Dec-23	GST	GSTR -9	2022-23	GSTR-9 is annual return required to be filed by every person whose aggregate turnover was more than INR 2 Crores during preceeding year.
31-Dec-23	GST	GSTR -9C	2022-23	GSTR-9C is reconciliation statement required to be filed by every person whose aggregate turnover was more than INR 5 Crores during preceeding

Statutory Compliance Calendar June, 2022

DUE DATE	PURPOSE	COMPLIANCE PERIOD	EVENT DETAILS
7-Jun-22	TDS / TCS liability deposit	May-22	Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for the previous month.
11-Jun-22	GSTR -7 TDS return under GST	May-22	GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST.
11-Jun-22	GSTR- 8 TCS return under GST	May-22	GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST.
11-Jun-22	GSTR -1	May-22	"1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year. 2. Registered person, with aggregate turnover of less then INR 5 Crores during preceding year, opted for monthly filing of return under QRMP".
13-Jun-22	GSTR-1-Invoice Furnishing Facility (IFF)	May-22	Invoice Furnishing Facility for uploading B2B Invoices for registered person with turnover less than INR 5 Crores during the preceding year and who has opted for quarterly filing of return under QRMP.
13-Jun-22	GSTR -6	May-22	Due Date for filing return by Input Service Distributors.
14-Jun-22	TDS Certificate	Apr-22	Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, and 194M in the month of March 2022.
15-Jun-22	Provident fund / ESI	May-22	Due Date for payment of Provident fund and ESI contribution for the previous month.
15-Jun-22	Form 24G	May-22	Due date of furnishing of Form 24G by an office of the Government where TDS/TCS for the month of May 2022 has been paid without the production of a challan.
15-Jun-22	TDS Certificate	Jan - Mar 2022	Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending March 2022.
15-Jun-22	Advance Tax First Installment	F.Y. 2022-23	​Quarterly statement of TCS deposited for the quarter ending March 31, 2022.
15-Jun-22	TDS Certificate	FY 2021-22	Certificate of tax deducted at source to employees in respect of salary paid and tax deducted during Financial Year 2021-22.
15-Jun-22	Form 3BB	May-22	Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of May 2022.
20-Jun-22	GSTR - 3B	May-22	1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during the preceding year. 2. Registered person, with aggregate turnover of less than INR 5 Crores during preceding year, opted for monthly filing of return under QRMP.
20-Jun-22	GSTR -5	May-22	GSTR-5 to be filed by Non-Resident Taxable Person for the previous month.
20-Jun-22	GSTR-5A	May-22	GSTR-5A to be filed by OIDAR Service Providers for the previous month.
25-Jun-22	GSTR - 3B -Tax Liability Payment	May-22	Due Date for Payment of Tax Liability for the taxpayer with Aggregate turnover up to INR 5 crores during previous year and who has opted for Quarterly filing of return under QRMP.
30-Jun-22	TDS Challan cum Statement	May-22	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194-IM,  in the month of May 2022.
30-Jun-22	DPT-3	F.Y. 2021-22	DPT-3 is annual return of Deposits to be filed by all the Companies.
30-Jun-22	STT Return	FY 2021-22	​Return in respect of securities transaction tax for the financial year 2021-22.
30-Jun-22	Return for Non Deduction of TDS on Interest	Jan-Mar, 2022	​Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending March 31, 2022.
30-Jun-22	Equalisation Levy statement	FY 2021-22	​Furnishing of Equalisation Levy statement for the Financial Year 2021-22.