Transferability of DEPBs: missing proof of realisation yields non-transferable credits, late-cut cases returned for deficiency. Where exporters apply for transferable DEPB without furnishing proof of date of realisation on the bank certificate, the office will issue non-transferable DEPBs without raising deficiencies, except that applications necessitating a late cut will be returned with deficiencies and processed only after compliance. Exporters must hold a Registration-Cum-Membership Certificate from the Export Promotion Council relevant to their main line of business to avail DEPBs and related benefits; applications lacking appropriate council registration will not be entertained after the compliance cutoff.
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.
Transferability of DEPBs: missing proof of realisation yields non-transferable credits, late-cut cases returned for deficiency.
Where exporters apply for transferable DEPB without furnishing proof of date of realisation on the bank certificate, the office will issue non-transferable DEPBs without raising deficiencies, except that applications necessitating a late cut will be returned with deficiencies and processed only after compliance. Exporters must hold a Registration-Cum-Membership Certificate from the Export Promotion Council relevant to their main line of business to avail DEPBs and related benefits; applications lacking appropriate council registration will not be entertained after the compliance cutoff.
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