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Amendment in the Handbook of Procedures v1.(RE 2008) - DEPB rates shall be effective upto 31-12-2009
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DEPB scheme temporary extension notified; HBP compilations and DEPB rates remain operative until further amendment.
The Director General of Foreign Trade notifies that HBP v1, HBP v2 and the Schedule of DEPB rates shall remain in force "until further amendments," as amended from time to time, while the DEPB scheme shall continue to be operative only until 31st December, 2009, under paragraph 2.4 of the Foreign Trade Policy 2004-2009.
DEPB Rates as applicable before 5-11-2008 restored
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DEPB rate restoration: prior reduced rates withdrawn and earlier DEPB schedule reinstated under trade policy authority.
The Director General of Foreign Trade withdraws earlier reductions in the Schedule of DEPB Rates and restores the DEPB rates that prevailed prior to those reductions, applying the withdrawal retrospectively to the date the reductions were introduced, under powers in the Foreign Trade Policy and Handbook of Procedures.

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Acts Income Tax