Abolition of DEPB scheme ends EDI acceptance of DEPB shipping bills and shifts exporters to Drawback Scheme. Abolition of the DEPB scheme requires ICES 1.5 to stop accepting and processing DEPB shipping bills and DEPB combined claims; pending DEPB bills without LEO must be cancelled and refiled under the Drawback Scheme. ICEGATE will transmit only DEPB shipping bills with valid LEO dates up to the cut-off. Imports under valid DEPB scrips will continue until scrip expiry. Drawback claims continue to be filed via the EDI shipping bill, and payments are disbursed to registered bank accounts (with IFSC and account certification) or via NEFT/RTGS.
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Abolition of DEPB scheme ends EDI acceptance of DEPB shipping bills and shifts exporters to Drawback Scheme.
Abolition of the DEPB scheme requires ICES 1.5 to stop accepting and processing DEPB shipping bills and DEPB combined claims; pending DEPB bills without LEO must be cancelled and refiled under the Drawback Scheme. ICEGATE will transmit only DEPB shipping bills with valid LEO dates up to the cut-off. Imports under valid DEPB scrips will continue until scrip expiry. Drawback claims continue to be filed via the EDI shipping bill, and payments are disbursed to registered bank accounts (with IFSC and account certification) or via NEFT/RTGS.
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