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of <h1>Amendment to Foreign Trade Policy: DEPB Benefits Now Available for SEZ Payments in Indian Rupees Since 2006.</h1> Notification No. 42 (RE-2008)/2004-2009, dated September 18, 2008, amends the Foreign Trade Policy 2008 regarding Duty Entitlement Pass Book (DEPB) eligibility for exports from Domestic Tariff Area (DTA) units to Special Economic Zone (SEZ) units. Previously, exporters could apply for credit based on the Free on Board (FOB) value of exports in freely convertible currency or payments from SEZ foreign currency accounts. The amendment allows exporters to receive DEPB benefits even if payment is made in Indian Rupees by SEZ Developers or Co-Developers for supplies, effective from February 10, 2006.
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