Ad-hoc DEPB rates framework enables provisional duty credit rates for SION-covered exports, subject to documentation and conversion. Guidelines provide a provisional procedure for fixation of ad-hoc DEPB rates where SION exist but exporters lack sufficient data. Ad-hoc rates, notified by Public Notice and valid for six months, require Appendix 10A applications with declared FOB per unit and allow CIF input valuation via customs data or recognised sources. The Advance Licensing Committee computes value addition, the DEPB Committee fixes the ad-hoc rate accounting for customs duty and uses FOB as the value cap, and exporters must submit actual export details within four months for conversion to permanent rates.
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.
Ad-hoc DEPB rates framework enables provisional duty credit rates for SION-covered exports, subject to documentation and conversion.
Guidelines provide a provisional procedure for fixation of ad-hoc DEPB rates where SION exist but exporters lack sufficient data. Ad-hoc rates, notified by Public Notice and valid for six months, require Appendix 10A applications with declared FOB per unit and allow CIF input valuation via customs data or recognised sources. The Advance Licensing Committee computes value addition, the DEPB Committee fixes the ad-hoc rate accounting for customs duty and uses FOB as the value cap, and exporters must submit actual export details within four months for conversion to permanent rates.
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