Classification of textile products: hemmed garments treated as madeups while unhemmed items treated as fabrics under DEPB. Under the DEPB scheme, unhemmed or unstiched sarees, dhoties and lungies are classed as fabrics while hemmed or stitched items are classed as madeups. The confirmed irrevocable Letter of Credit requirement for newcomer duty free licences is waived for domestic supplies under Advance Intermediate Licence or Special Imprest Licence when payment is through normal banking channels or project authorities. Licences for goods from private bonded warehouses must be valid on the date of clearance, and golden status follows the last status in three successive terms.
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Classification of textile products: hemmed garments treated as madeups while unhemmed items treated as fabrics under DEPB.
Under the DEPB scheme, unhemmed or unstiched sarees, dhoties and lungies are classed as fabrics while hemmed or stitched items are classed as madeups. The confirmed irrevocable Letter of Credit requirement for newcomer duty free licences is waived for domestic supplies under Advance Intermediate Licence or Special Imprest Licence when payment is through normal banking channels or project authorities. Licences for goods from private bonded warehouses must be valid on the date of clearance, and golden status follows the last status in three successive terms.
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