EDI processing of DEPB shipping bills requires IEC registration, revised documentation, and Customs-verified DEPB credit procedures. Computerised Customs EDI processing at New Custom House requires exporters to register their IEC and file DEPB shipping bills in revised Annexure formats with accurate Group Code/Item No. and unit quantities where value caps apply; certain chemical formulations remain manual. GRI filing is dispensed for EDI-processed bills and SDF declaration is required. Exchange Control copies are issued subject to bank certification. Customs may determine lower DEPB credit values, provisional exports are marked ineligible for DEPB pending market enquiry, and DEPB licence registration is verified and calculated by the Customs computer using Customs-approved values and exchange rates on realisation.
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.
EDI processing of DEPB shipping bills requires IEC registration, revised documentation, and Customs-verified DEPB credit procedures.
Computerised Customs EDI processing at New Custom House requires exporters to register their IEC and file DEPB shipping bills in revised Annexure formats with accurate Group Code/Item No. and unit quantities where value caps apply; certain chemical formulations remain manual. GRI filing is dispensed for EDI-processed bills and SDF declaration is required. Exchange Control copies are issued subject to bank certification. Customs may determine lower DEPB credit values, provisional exports are marked ineligible for DEPB pending market enquiry, and DEPB licence registration is verified and calculated by the Customs computer using Customs-approved values and exchange rates on realisation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
