Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>DGFT Clarifies EOUs and EPZs Cannot Claim Double Benefits Under DEPB and Advance Licensing Scheme.</h1> The Directorate General of Foreign Trade (DGFT) has identified instances where 100% Export Oriented Units (EOUs) and units in Export Processing Zones (EPZs) are attempting to claim double benefits under the Duty Entitlement Passbook (DEPB) and Advance Licensing Scheme. These exports are being used to fulfill export obligations under advance licenses while also claiming DEPB benefits. The DGFT clarifies that such exports are not eligible for these benefits. Regional Licensing Authorities are instructed to initiate enforcement proceedings if such cases are detected. Shipping bills for third-party exports must clearly indicate the manufacturer and their status as an EOU or EPZ unit.