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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>DGFT Circular Clarifies Prospective Revocation of DEPB Rates for Engineering Products from 12.07.2004 per Public Notice No 71.</h1> The circular issued by the Directorate General of Foreign Trade addresses the revocation of Duty Entitlement Passbook (DEPB) rates for certain engineering products, which were previously suspended as per Public Notice No 71 dated 12.07.2004. It clarifies that the revocation is effective prospectively from 12.07.2004. The circular instructs all regional DGFT offices to implement this clarification accordingly. This decision follows representations from the trade and industry seeking clarity on the effective date of the revocation. The directive has been approved by the Director General of Foreign Trade.
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