Exemption from Special Additional Duty for DEPB exports allows pre-policy-change shipments to be treated under prior handbook rules. Exemption from Special Additional Duty is allowed for DEPB shipments where the date of order of 'Let Export' is prior to the policy change; DEPB entitlement must use the rate and exchange rate applicable on the date of the 'Let Export' order and DEPBs must be endorsed to show issuance under Customs notification 34/97 read with paragraph 7.43 of the Handbook of Procedure (Vol.1), 1997-2002. Procedures are prescribed for filing separate DEPB applications, surrendering and reissuing DEPBs for mixed-date shipments without additional application or TR, endorsement of partly utilised DEPBs, and use of counter assistance and licensing authority processing.
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.
Exemption from Special Additional Duty for DEPB exports allows pre-policy-change shipments to be treated under prior handbook rules.
Exemption from Special Additional Duty is allowed for DEPB shipments where the date of order of "Let Export" is prior to the policy change; DEPB entitlement must use the rate and exchange rate applicable on the date of the "Let Export" order and DEPBs must be endorsed to show issuance under Customs notification 34/97 read with paragraph 7.43 of the Handbook of Procedure (Vol.1), 1997-2002. Procedures are prescribed for filing separate DEPB applications, surrendering and reissuing DEPBs for mixed-date shipments without additional application or TR, endorsement of partly utilised DEPBs, and use of counter assistance and licensing authority processing.
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