Clarifications relating to DEPB Schemes

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..... SUB: Clarifications relating to DEPB Schemes reg. Attention of all the Importers, Exporters, CHAs and Members of the Trade is invited to the provisions regarding DEPB Scheme. Notification No. 96/2004- Cus dtd. 17.09.2004 issued under DEPB Scheme expired on 30.09.2005 and subsequently a new notification (No. 89/2005-Cus dtd. 04.10.2005) has been issued to allow imp .....

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..... PB benefits can be extended to imported goods against a DEPB Licence contains an endorsement that this DEPB is issued under notification NO. 96/2004-Cus dtd. 17.09.2004. The DGFT has also raised another point stating that at times the DEPB scrips issued under 45/2002 Cus (i.e. customs notification governing DEPB imports prior to 17.09.2004) are revalidated based on the evidence of dea .....

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..... for the benefit of the DEPB Scheme and that DEPB credit on imports against Bills of Entry filed during this period may be allowed to be utilized on a provisional basis. It is also clarified that DEPB benefit may be extended to imported goods under notification no. 89/2005 Cus even if the DEPB licence contains an endorsement that it is issued under notification no. 96/2004-Cus. This would be .....

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