As per DGFT Publice Notice 102/2008, export of Ordinary Portland Cement is entitled for DEPB at 3 per cent vide Sl No. 62/899. However, as per the revised rates with effect from 27.08.2009, the item description has been changed to Ordinary Arsenic Cement - same Sl. No and product code - with the same rate of DEPB incentive.
Please confirm if export of Ordinary Portland Cement (OPC) - while the scheme was in operation - is entitled to DEPB. Kindly quote the authority also
regards,
sridhar swaminath
DEPB eligibility questioned after export item description change for cement; scheme discontinued, consider duty drawback instead. Question whether exports of Ordinary Portland Cement qualified for DEPB under DGFT PN 102/2008 after the DEPB rate schedule revision changed the item description to 'Ordinary Arsenic Cement' at the same serial number; respondent noted the DEPB scheme is no longer in existence and suggested exploring Duty Drawback, without citing authority resolving the description change. (AI Summary)