Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

HB Vol.1 Classification - DES/DEPB/EPCG

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1.4.99 in respect of various applications which are pending for decision in ZALC/ RALC including the applications referred to the technical authorities, it has been decided that the applicant may be given the option to convert such applications under paragraph 7.5 read with Customs notification 30/97 dated 1.4.97. The option shall be exercised for conversion before 30th June, 99. In cases where th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the average FOB value of their exports in the preceeding three licensing year. 3. Paragraph 7.51 and 7.52 allows issuance of DEPB against lost Shipping Bills and Bank Certificate. The provision regarding lost Shipping Bill was incorporated by Public Notice No. 59 (RE-98) dated 24.12.98 whereas the provision for the Bank Certificate was incorporated in the revised Handbook (Vol.1) incorporat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tal goods, the same may be imported subject to the conditions stipulated in paragraph 5.4 of the Handbook (Vol.1) (incorporating amendment upto 13th April, 1998) 5. In terms of paragraph 7.6 of the Handbook (Vol.1), Advance Licences to newcomers can be issued only against confirmed irrevocable Letter of Credit. The objective of the provision was to safeguard the interest of the newcomer against .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rt of silk garments under DEPB scheme. Consequent upon notification of DEPB rate for Silk madeups and Silk fabrics, it is clarified that pre-shipment inspection by Central Silk Board is not required for exports of silk madeups and Silk fabrics under DEPB scheme. This issues with the approval of DGFT. (Ajay Sahai) Jt.Director General of Foreign Trade (F.No. 01/93/180/00236/AM99/PC-IV) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates