DEPB issuance procedures clarified; FOB conversion, manual shipping bill documentation, separate policy-period applications, and mandatory electronic filing. DEPB applications must be filed on Appendix.10 C with prescribed documents; FOB in free foreign exchange (column 14 of the Bank Realization Certificate) is to be converted to Indian Rupees at the export exchange rate notified by the Ministry of Finance applicable on the customs 'Let export' date. For manual shipping bills exporters must attach a self certified photocopy of the DEPB shipping bill (second copy) showing customs examination endorsement. Separate applications must be made for exports under the 1997-2002 policy and the 2002-2007 policy. Electronic filing is to be made compulsory for all exporters within one month.
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Provisions expressly mentioned in the judgment/order text.
DEPB issuance procedures clarified; FOB conversion, manual shipping bill documentation, separate policy-period applications, and mandatory electronic filing.
DEPB applications must be filed on Appendix.10 C with prescribed documents; FOB in free foreign exchange (column 14 of the Bank Realization Certificate) is to be converted to Indian Rupees at the export exchange rate notified by the Ministry of Finance applicable on the customs "Let export" date. For manual shipping bills exporters must attach a self certified photocopy of the DEPB shipping bill (second copy) showing customs examination endorsement. Separate applications must be made for exports under the 1997-2002 policy and the 2002-2007 policy. Electronic filing is to be made compulsory for all exporters within one month.
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