DEPB Scheme format standardised for issuing Duty Entitlement Passbooks, subject to customs verification and negative list eligibility. The circular standardises issuance of DEPB Scheme licences using existing Import/Export Licence forms for pre-export and post-export purposes, requiring recording of shipping bill particulars, FOB/CIF currency values and exporter identification. Licences are subject to customs verification of shipping bills; items not in the Negative List are allowed for import under DEPB and no exchange control copy will be issued. The format must reflect currency area, licensing and export periods, transferability or actual user conditions, and cross-reference Handbook of Procedures requirements.
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DEPB Scheme format standardised for issuing Duty Entitlement Passbooks, subject to customs verification and negative list eligibility.
The circular standardises issuance of DEPB Scheme licences using existing Import/Export Licence forms for pre-export and post-export purposes, requiring recording of shipping bill particulars, FOB/CIF currency values and exporter identification. Licences are subject to customs verification of shipping bills; items not in the Negative List are allowed for import under DEPB and no exchange control copy will be issued. The format must reflect currency area, licensing and export periods, transferability or actual user conditions, and cross-reference Handbook of Procedures requirements.
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