Export realisation compliance: exporters must submit proof or pay equivalent cash to justify DEPB claims and retain licence privileges. Non realisation of export proceeds for exports under DEPB requires licence holders to pay in cash an amount equivalent to the DEPB entitlement for unrealised proceeds; partial realisation similarly mandates cash payment for the unrealised portion. The authority has allowed a final opportunity to submit proof of realisation or pay the required cash, warning suspension of further DEPB or advance licences and other regulatory action for non compliance.
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.
Export realisation compliance: exporters must submit proof or pay equivalent cash to justify DEPB claims and retain licence privileges.
Non realisation of export proceeds for exports under DEPB requires licence holders to pay in cash an amount equivalent to the DEPB entitlement for unrealised proceeds; partial realisation similarly mandates cash payment for the unrealised portion. The authority has allowed a final opportunity to submit proof of realisation or pay the required cash, warning suspension of further DEPB or advance licences and other regulatory action for non compliance.
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