(1) Transitional arrangement regarding various provisions on Handbook (Vol.1) (RE-99). (2) Grant of D EP B benefit against a White Colour Shipping Bill generated under EDI Systems in Customs
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DEPB entitlement clarified: grant allowed against white shipping bills bearing DEPB endorsement under export policy. Pending licence applications under RE-99 may be converted into the corresponding instruments under RE-2000 (self-declared licences, Advance Licences for physical exports, 5% EPCG Scheme, or Advance Licence for Intermediate Supply) while the pre-export DEPB scheme is abolished and pending pre-export DEPB applications are rejected. Deemed export TED refunds are disallowed for categories excluded in RE-2000 for supplies effected on or after the effective date, with MODVAT available where applicable. DEPB benefits can be granted against any colour Shipping Bill generated through EDI if the Shipping Bill bears an endorsement that exports are under the DEPB Scheme.
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.
DEPB entitlement clarified: grant allowed against white shipping bills bearing DEPB endorsement under export policy.
Pending licence applications under RE-99 may be converted into the corresponding instruments under RE-2000 (self-declared licences, Advance Licences for physical exports, 5% EPCG Scheme, or Advance Licence for Intermediate Supply) while the pre-export DEPB scheme is abolished and pending pre-export DEPB applications are rejected. Deemed export TED refunds are disallowed for categories excluded in RE-2000 for supplies effected on or after the effective date, with MODVAT available where applicable. DEPB benefits can be granted against any colour Shipping Bill generated through EDI if the Shipping Bill bears an endorsement that exports are under the DEPB Scheme.
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