DEPB rate review requires exporters to submit prescribed data to councils for DGFT review or face automatic rate reduction. Exporters identified as availing elevated DEPB rates must submit prescribed data and documentary evidence to their Export Promotion Councils for onward submission to DGFT; failure to provide the required material will result in reduction of the DEPB rate for the product. Identified exporters must also furnish detailed product consumption and technical documentation, including drawings, catalogues, manufacturing process descriptions and stagewise wastage, to enable review of the SION on which prior rates were fixed.
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Provisions expressly mentioned in the judgment/order text.
DEPB rate review requires exporters to submit prescribed data to councils for DGFT review or face automatic rate reduction.
Exporters identified as availing elevated DEPB rates must submit prescribed data and documentary evidence to their Export Promotion Councils for onward submission to DGFT; failure to provide the required material will result in reduction of the DEPB rate for the product. Identified exporters must also furnish detailed product consumption and technical documentation, including drawings, catalogues, manufacturing process descriptions and stagewise wastage, to enable review of the SION on which prior rates were fixed.
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