DEPB verification procedure tightened: authorised registration, computerised debits, and direct credit transfers required for third party use. The notice prescribes a controlled verification regime for DEPB scrip: only the holder, authorised employee or authorised CHA may submit scrips; authorised persons must obtain a registration number via a holder issued certificate recorded in a register. Examiners must verify shipment details against computer/EGM data, appraisers and an Assistant Commissioner must countersign, and verified scrips are registered in the computer with the registration number endorsed and returned on a fixed third day schedule. DEPB debits are to be made on the computer, and exemptions for non holders are allowed only where a specific amount of credit is directly transferred by the DEPB holder.
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Provisions expressly mentioned in the judgment/order text.
DEPB verification procedure tightened: authorised registration, computerised debits, and direct credit transfers required for third party use.
The notice prescribes a controlled verification regime for DEPB scrip: only the holder, authorised employee or authorised CHA may submit scrips; authorised persons must obtain a registration number via a holder issued certificate recorded in a register. Examiners must verify shipment details against computer/EGM data, appraisers and an Assistant Commissioner must countersign, and verified scrips are registered in the computer with the registration number endorsed and returned on a fixed third day schedule. DEPB debits are to be made on the computer, and exemptions for non holders are allowed only where a specific amount of credit is directly transferred by the DEPB holder.
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