Recent Discussions
Bank charge for closing shipping bill too high for ecommerce seller in India.
Bank is charged a lot of money to realize the export process. Which is too much for us. Please send the below letter format by mail to all the institution like RBI, Ministry of finance, Ministry of commerce, DGFT, Customs. May be in next guidelines or FTP they will change the realize process or reduce the charge. Otherwise we shall force to close our business in near future. Date:14.08.2021 To, Sub: Regarding compulsion of EDPMS and closing of shipping bill with the AD Bank and the high bank charges imposed by the AD Banks. Respected Sir, This is to request you to look to into the matter regarding compulsion of EDPMS and closing of the shipping bill with the AD Banks and the high bank charges imposed by the AD Banks upon us. This is state that we are exporting in small quantities and amount, less than a value for Rs. 25000.00 through online portals like e-bay/Amazon and are shipped through courier/India post in CSB-V. This is to further state that the payments are received in advance through Online Gateway Payment System(OPGSP) like paypal/payoneer. This is to inform that AD Banks are charging an average of Rs. 1500.00-2000.00 as bank charges per shipping bill for EDPMS and closing of the shipping bills which is very high in respect to our monetary volume of the business which ranges an average invoice value for Rs. 1500.00 to Rs. 5000.00. Hence the bank charges for the above is unbearable for us. This is to describe you that International market is a competitive one and to compete there the price should be competitive one. You are requested to look into the matter regarding the modification of the charges imposed by the banks for the above service or modification of the system of uploading the above procedure so that the matter becomes cost effective for us, otherwise it has become difficult for us to continue with the business. Thanking you, Yours sincerely,calc199116-08-2021Community Member22KViews4likes24Comments
GST/IEC Error while listing - Verified Payoneer
Hello, I have submitted all the documents including GST/IEC to Ebay.com and Payoneer. Payoneer has completed the verification and the account shows that it is ready for accepting ebay payments. I tried to list on ebay.com but I get an error - "You can't list, as you need to update your GSTIN and IEC on eBay. GSTIN and IEC are mandatory for sellers who are registered in India to sell on eBay. To sell on eBay, provide your GSTIN and IEC on your My eBay Account Settings Profile page." I contacted Ebay.com support and they told me that since I'm an Indian, I need to ask for support on Ebay.in since this issue is specific to Indian accounts. I have not been able to find a way to contact Ebay.in support. All my documents are ready and verified. Please suggest how to proceed. Error ->teseller4lyf_129-12-2022Community Member14KViews2likes20Comments
amya_184516-11-2022Community Member12KViews1like3Comments
Urgent Issue Regarding CSBV Mode Shipments - Let's Unite for a Resolution
I am writing to you today with a pressing concern that has recently arisen in our export operations, particularly those carried out under the CSBV (Claim for Self-Billed Verification) mode. Since 2018, we have been successfully exporting numerous shipments using this mode, but we have encountered a significant challenge that I believe requires immediate attention. Starting from April 1, 2023, all shipments exported under the CSBV mode are now being monitored through the Trade online software of ICICI Bank. The Trade team at ICICI Bank has requested that we provide an IRM (Invoice Reference Number) of each shipment in Excel format, along with a range of documents, including invoice copies, CSBV shipping bills, FIRC (Foreign Inward Remittance Certificate) copies, AWB (Airway Bill) copies, and Reduction Declarations, particularly those up to 25%. However, if the reduction exceeds 25%, these documents will not be closed, and the e-BRC (Electronic Bank Realization Certificate) will not be generated. To make matters more concerning, the charges for closing each shipping bill are exorbitant, with a fee of INR 200 plus GST per bill in my case. For those account holders with a normal account at ICICI Bank, the charges are even higher, ranging from INR 500 to 1000 plus GST. The point of contention here is that despite complying with these stringent requirements and incurring significant costs, our exports do not seem to derive any tangible benefits. In fact, this process consumes a substantial amount of time, money, and energy. To put it into perspective, if there are 500 exports each month, the bank charges for closing each document amount to INR 1,18,000 for those with a platinum account and a staggering INR 5,90,000 for those with a normal account at ICICI Bank. This situation is immensely disappointing for us exporters. It feels like an excessive burden without any commensurate value or benefit. As a result, many exporters are struggling to cope with these financial and administrative challenges, and we believe it is vital to address this issue collectively. I kindly request your assistance in providing a list of email addresses or contacts that we, as exporters, can reach out to. We aim to voice our concerns and grievances to higher authorities such as the RBI (Reserve Bank of India), DGFT (Directorate General of Foreign Trade), FIEO (Federation of Indian Export Organizations), and any other relevant authorities who can help us address and potentially alleviate this issue. Let us, as exporters, unite together and raise our voice as a collective force so that our concerns reach every corner. Together, we can work towards a resolution that benefits the entire exporting community. Your guidance and support in this matter would be invaluable, and we look forward to your response. Thank you once again for your time and assistance. Sincerely, Devang Bhansalielectro-international06-09-2023Community Member10KViews6likes13Comments
wonder_deal06-11-2024Community Member6.1KViews0likes0Comments
ACCOUNT RESTRICTIONS
now my cbt seller dashboard is all ok but still my account is in restricted mode Why??vardhantcrafts01-08-2024Community Member5.8KViews0likes6Comments
listing problem
You can't list, as you need to update your GSTIN and IEC on eBay. GSTIN and IEC are mandatory for sellers who are registered in India to sell on eBay. To sell on eBay, provide your GSTIN and IEC on your My eBay Account Settings Profile page. Please help me to fix this issuesAnonymous12-01-20255.1KViews0likes1Comment
BBE Service
Hello when my account is reinstated. because of its Long Time of Bad Service of BBE . (1) if parcel buyer Not Receive becasue buyer is not at home this is seller Problem (2) if we send parcel and item is broken is shipment there is seller Problem (3). if Buyer Eyes Not Look Good Item then Seller Problem (4) if Buyer Want Refund seller Pay its Seller Problem (5) if Some Buyer Send Natural Feed Back then Ebay have Problem (6) if Buyer Send Negative Feedback and we solve Issue to Refund its Seller Problem (7) if Buyer not Read item Disceraption its Seller Problem . Seller Pay :Lot of Comission to eBay . and upload thousand of Doller item and some small and cheppe Buyer send Natural Feedback. Ebay BBE Service have Many Problem for Seller . Buyer Not Give Lot of Money to eBay seller pay Lot of charge to eBay As Store charges, Advertisement Charges, Selleing Commision and Many More. when the Stupid thigs will be close BBE Service . in 12 Months i get 91 Feedback there is 8 Natural and 1 Negative Feedback then after eBay restricted my account .seahawkjewelry31-01-2025Community Member4.3KViews0likes1CommentRegarding E-BRC or BRC Requirement for CSB-V Export Shipments
I am writing to inquire about the necessity of E-BRC (Electronic Bank Realization Certificate) or BRC (Bank Realization Certificate) for our export shipments under the CSB-V (Commercial Sales - With Value) mode. As you know, we export goods to various countries using CSB-V, and I have some concerns about the export document closure process. To provide some context, CSB-V was introduced to simplify exports, allowing sellers like us to export even low-value products, as low as $10, under the commercial mode. This was a beneficial development, considering it streamlined the export process and minimized paperwork. However, I have recently come across information that suggests we might be required to submit all CSB-V invoices along with the CSB-V shipping bills & FIRC's to the bank for closure and to generate the E-BRC or BRC. If this is indeed the case, it could potentially create a significant financial and administrative burden for us sellers. It is disheartening to note that as sellers, we do not avail of any government benefits like Duty drawback, MEIS (Merchandise Exports from India Scheme), or RoDTEP (Remission of Duties and Taxes on Exported Products). Therefore, paying a minimum of INR 500 plus GST for each export document closure seems unfair, especially if we have a substantial number of exports per month. For example, if we have 200 export bills in a given month, the cost of closing these bills would be 200 x 500, which is an expensive proposition. It also involves a considerable waste of time and resources. As a community of eBay sellers, I believe we should come together to find a suitable solution to this issue. Perhaps we could collectively voice our concerns to the appropriate authorities or seek clarification on the requirements for CSB-V export document closure. I kindly request your input and experiences regarding this matter. Have any of you encountered similar challenges? If so, how did you address them? Do you have any insights or suggestions that could help us mitigate this burden while ensuring compliance with export regulations? Let's join forces to explore potential solutions and advocate for a more seller-friendly approach to the CSB-V export process. Your thoughts and ideas are highly appreciated.electro-international21-07-2023Community Member4.3KViews2likes4Comments
