DEPB rate revision: revised export benefit schedule effective, prescribing applicability, value cap and calculation rules. Public Notice No. 02(RE-03) dated 31 March 2003 revises the Schedule of DEPB rates effective 1 April 2003, updating percentage rates and value caps across product groups and prescribing that entitlement is calculated by applying the notified DEPB rate to the FOB value or to the value cap, whichever is lower. The notice sets exclusions (bonded warehouse manufacture, Advance Licence/DFRC exports, 100% EOUs, FTZ/EPZ/SEZ/EHTP units, foreign-origin goods without substantial Indian processing), CKD/SKD and composite product rules, and documentation and formulation calculation requirements.
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DEPB rate revision: revised export benefit schedule effective, prescribing applicability, value cap and calculation rules.
Public Notice No. 02(RE-03) dated 31 March 2003 revises the Schedule of DEPB rates effective 1 April 2003, updating percentage rates and value caps across product groups and prescribing that entitlement is calculated by applying the notified DEPB rate to the FOB value or to the value cap, whichever is lower. The notice sets exclusions (bonded warehouse manufacture, Advance Licence/DFRC exports, 100% EOUs, FTZ/EPZ/SEZ/EHTP units, foreign-origin goods without substantial Indian processing), CKD/SKD and composite product rules, and documentation and formulation calculation requirements.
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