Applicability of FOB restriction on imports made under the DEPB scheme in respect of clubbing of one or more DEPB and Submission of application within the prescribed time
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FOB restriction on DEPB clubbing requires proportional FOB allocation, limiting CIF to DEPB credit-based amounts. FOB restriction on DEPB clubbing requires proportional allocation of the FOB value based on the DEPB credit used from each certificate; the combined proportionate FOB amounts set the CIF ceiling for the consignment. Applications are only considered timely if the initial submission includes the prescribed Handbook (Vol. I) documents; submissions missing prescribed documents and completed after the time limit are not treated as in time and may face late cut or rejection.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
FOB restriction on DEPB clubbing requires proportional FOB allocation, limiting CIF to DEPB credit-based amounts.
FOB restriction on DEPB clubbing requires proportional allocation of the FOB value based on the DEPB credit used from each certificate; the combined proportionate FOB amounts set the CIF ceiling for the consignment. Applications are only considered timely if the initial submission includes the prescribed Handbook (Vol. I) documents; submissions missing prescribed documents and completed after the time limit are not treated as in time and may face late cut or rejection.
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