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DUTY CREDIT SCRIPS UNDER DEPB SCHEME TO BE ISSUED WITHOUT WAITING FOR REALIZATION OF EXPORT PROCEEDS
SPECIAL PACKAGE OF RS.325 CRORE FOR LEATHER AND TEXTILES SECTOR
STCL, DIAMOND INDIA, MSTC, GEM & JEWELLERY EPC AND STAR TRADING HOUSES ADDED AS NOMINATED AGENCIES FOR IMPORT OF PRECIOUS METALS
GEM AND JEWELLERY EXPORT: IMPORT RESTRICTIONS ON WORKED CORALS REMOVED
BHILWARA AND SURAT RECOGNIZED AS TOWNS OF EXPORT EXCELLENCE FOR TEXTILES AND DIAMONDS
THRESHOLD LIMIT FOR RECOGNITION AS PREMIER TRADING HOUSES REDUCED TO RS.7500 CRORE
UNDER EPCG SCHEME, EXPORT OBLIGATION EXTENDED TILL 2009-10 FOR EXPORTS DURING 2008-09
DEPB/DUTY CREDIT SCRIP UTILIZATION EXTENDED FOR PAYMENT OF DUTY FOR IMPORT OF RESTRICTED ITEMS ALSO
PROCEDURE FOR CLAIMING DUTY DRAWBACK REFUND & REFUND OF TERMINAL EXCISE DUTY FURTHER SIMPLIFIED
RE-CREDIT OF 4% SAD FOR VKGUY, FPS AND FMS ALLOWED
A NEW OFFICE OF DGFT TO BE OPENED AT SRINAGAR
VALUE CAP UNDER DEPB REVISED FOR TWO PRODUCTS
ELECTRONIC MESSAGE TRANSFER FACILITY FOR ADVANCE AUTHORISATION AND EPCG TO BE ESTABLISHED
GEM & JEWELLERY UNITS IN EOU TO BE ALLOWED - PERSONAL CARRIAGE OF GOLD UP TO 10 KG
ADVANCE LICENSES ISSUED PRIOR TO 1.4.2002 REQUIRING MODVAT/CENVAT CERTIFICATE DISPENSED WITH
EXPORT OBLIGATION PERIOD AGAINST ADVANCE AUTHORIZATIONS EXTENDED UP TO 36 MONTHS
REIMBURSEMENT OF ADDITIONAL DUTY OF EXCISE LEVIED ON FUEL TO BE ADMISSIBLE FOR EOUS EARLY REFUND OF SERVICE TAX CLAIMS & FURTHER SIMPLIFICATION OF REFUND PROCEDURES ON THE ANVIL Duty credit scrip issuance to proceed without awaiting export proceeds, easing export-import duty and refund procedures. Duty credit scrips under the DEPB scheme will be issued without awaiting realization of export proceeds; DEPB/Duty Credit Scrip utilization is extended to permit payment of duty on restricted imports. EPCG export obligations are extended for affected exports and electronic message transfer for advance authorisation and EPCG will be established. Refund and drawback procedures, including terminal excise duty and service tax refunds, are simplified and accelerated, and re credit of special additional duty for specified schemes is allowed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Duty credit scrip issuance to proceed without awaiting export proceeds, easing export-import duty and refund procedures.
Duty credit scrips under the DEPB scheme will be issued without awaiting realization of export proceeds; DEPB/Duty Credit Scrip utilization is extended to permit payment of duty on restricted imports. EPCG export obligations are extended for affected exports and electronic message transfer for advance authorisation and EPCG will be established. Refund and drawback procedures, including terminal excise duty and service tax refunds, are simplified and accelerated, and re credit of special additional duty for specified schemes is allowed.
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