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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Strict Verification Rules for DEPB Scrips Under Customs Section to Prevent Fraud and Ensure Compliance</h1> Customs authorities have implemented a stringent verification procedure for DEPB scrips to prevent fraud involving forged shipping bills, examination reports, and export documents. All Customs Houses must adopt the Mumbai Custom House's procedure, involving detailed verification of shipment data against computer records and physical documents. DEPB scrips are to be submitted and processed within specified hours, with strict record-keeping and acknowledgment protocols. Verification includes examination by designated officials, appraiser scrutiny, and countersignature by Assistant Commissioners, all to be completed within defined timelines. Verified scrips are embossed and returned only to the original submitter. Duty exemption under DEPB is restricted to direct credit transfers from DEPB holders to importers, prohibiting indirect transfers through intermediaries. DEPB debits must be recorded electronically, and clearance against DEPB is regulated to ensure proper registration and use. The procedure is effective immediately and applies to all relevant Customs facilities.
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