DFRC issuance rules allow deleted sensitive inputs; DEPB advance payment and free of cost valuation clarified for exports. DFRCs may be issued where SIONs list sensitive inputs if those inputs are deleted from the import list for the DFRC application. DEPB entitlement under the advance payment mode is available for exports made prior to the recent policy amendment, aligning with general advance payment provisions. For free of cost imports under the Advance Licence Scheme, the notional value of such material must be added to both CIF imports and FOB exports when calculating value addition.
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Provisions expressly mentioned in the judgment/order text.
DFRC issuance rules allow deleted sensitive inputs; DEPB advance payment and free of cost valuation clarified for exports.
DFRCs may be issued where SIONs list sensitive inputs if those inputs are deleted from the import list for the DFRC application. DEPB entitlement under the advance payment mode is available for exports made prior to the recent policy amendment, aligning with general advance payment provisions. For free of cost imports under the Advance Licence Scheme, the notional value of such material must be added to both CIF imports and FOB exports when calculating value addition.
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