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of <h1>Government clarifies DEEC to Pass Book Shipping Bills conversion procedures under Duty Exemption Scheme</h1> The Government of India Ministry of Finance clarified procedures for converting DEEC Shipping Bills to Pass Book Shipping Bills, following earlier circular instructions. The circular permits conversion of shipping bills filed on or after May 30, 1995 under the Duty Exemption Scheme, even when imports against Advance Licences are nullified through duty payment with interest or when debit entries are transferred to other valid licences. Conversion requires Assistant Commissioner of Customs satisfaction that Pass Book Scheme conditions are met. Additionally, when exports against Advance Licences occur from different ports, conversion is permitted for exports from Pass Book Scheme-specified ports only, with relevant shipping bills deleted from Part F of the DEEC. In such cases, exporters must fulfill export obligations through additional exports to compensate for deleted entries claimed under the Pass Book Scheme.
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