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of <h1>DGFT Clarifies DEPB Scheme on Sarees, Dhoties, and Lungies; Updates on Licensing and Golden Status Certificates.</h1> The circular from the Directorate General of Foreign Trade provides clarifications on provisions of the Handbook (Vol.1). It addresses the classification of sarees, dhoties, and lungies under the DEPB scheme, distinguishing between unhemmed/unstiched items as fabrics and hemmed/stiched items as madeups. It also states that the requirement of a confirmed irrevocable Letter of Credit does not apply to domestic supplies against Advance Intermediate and Special Imprest Licences. Additionally, it clarifies that licences for sourcing goods from private bonded warehouses must be valid at the time of clearance, not import. Lastly, it explains the issuance of golden status certificates based on the applicant's last obtained status over three successive terms.
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