DEPB admissibility clarified: prior circular made retroactive and remedial compliance sentence deleted for engineering exports. Clarification fixes the effective date of the decision in Policy Circular No. 19 as the original circular's date and deletes the final sentence directing remedial action where exports of MS Galvanized Sheets/Strips obtained DEPB benefit under the entry at Sl. No. 91. The amendment, approved by the Directorate General of Foreign Trade, therefore alters the compliance instruction by eliminating the previously mandated remedial action while confirming the decision's retroactive effect.
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DEPB admissibility clarified: prior circular made retroactive and remedial compliance sentence deleted for engineering exports.
Clarification fixes the effective date of the decision in Policy Circular No. 19 as the original circular's date and deletes the final sentence directing remedial action where exports of MS Galvanized Sheets/Strips obtained DEPB benefit under the entry at Sl. No. 91. The amendment, approved by the Directorate General of Foreign Trade, therefore alters the compliance instruction by eliminating the previously mandated remedial action while confirming the decision's retroactive effect.
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