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Introducing the “In Favour Of” filter in Case Laws.
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<h1>Brand Rate Duty Drawback Now Includes DEPB Scheme Payments per Foreign Trade Policy 2004-2009 Amendments.</h1> The circular addresses the eligibility of brand rate duty drawback for inputs used in manufacturing export products when imported using the Duty Entitlement Passbook (DEPB) scheme. Previously, only additional customs duty paid in cash was eligible for CENVAT credit or duty drawback. However, the Foreign Trade Policy 2004-2009 allows additional customs duty paid through DEPB debit to be adjusted similarly. Consequently, the Board has decided that such duties paid via DEPB will now qualify for brand rate duty drawback. The previous instructions are modified, and relevant public notices and standing orders are advised for trade and staff guidance.