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of <h1>New Guidelines Allow Show Cause Notices Beyond 90 Days for Fraud Cases Under DEPB Scheme PMV Verification.</h1> The circular addresses the time limit for market verification of the Present Market Value (PMV) under the DEPB Scheme. Initially, the maximum period for challenging the PMV was set at 90 days, after which it would be deemed accepted. However, due to difficulties in completing investigations within this timeframe in cases of fraud or suppression of facts, it has been decided that show cause notices can be issued beyond the 90-day period in such instances. The circular advises issuing suitable instructions for the guidance of trade and field staff and requests acknowledgment of its receipt.
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