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DEPB rate amendments change export product descriptions and impose shipment declaration and export obligation rules. DGFT amends Handbook Vol. I Appendix 28A to revise DEPB rates, product descriptions and value caps for specified chemical, engineering, textile, leather and fish products, with Annexure B rates effective from 15.4.98. Shipping Bill declarations are required for certain processed fish and aquaculture shrimp exports. A prior Public Notice is corrected. An export obligation is prescribed as 1.5 times CIF value of imported hardware including software plus 1.5 times the wage bill, with hardware obligations over four years and wage-bill obligations annually; Net Foreign Exchange follows the Software Policy definition.
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DEPB rate amendments change export product descriptions and impose shipment declaration and export obligation rules.
DGFT amends Handbook Vol. I Appendix 28A to revise DEPB rates, product descriptions and value caps for specified chemical, engineering, textile, leather and fish products, with Annexure B rates effective from 15.4.98. Shipping Bill declarations are required for certain processed fish and aquaculture shrimp exports. A prior Public Notice is corrected. An export obligation is prescribed as 1.5 times CIF value of imported hardware including software plus 1.5 times the wage bill, with hardware obligations over four years and wage-bill obligations annually; Net Foreign Exchange follows the Software Policy definition.
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