EDPMS: Learn more about it – 13 Jul 2021

The Export Data Processing and Monitoring System (EDPMS) is an online software introduced by the RBI in 2014 for monitoring all export activities in India.

With this system all banks have come on single platform thus bringing uniformity in modus operandi on exports related transactions of exporters in India

Under the system, the banks download the shipping bills forms issued by export agencies such as customs, special economic zones (SEZ) and Software Technology Parks of India (STPIs), bill of entry issued by ports

This system has simplified the procedure for filing returns on a single platform for better monitoring

But like with all systems, there are issues involved