Exemption to specified goods imported under a Duty Entitlement Pass Book issued in terms of paragraph 4.3 of the Export and Import Policy - 045/2002 - Customs -Tariff
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Duty Entitlement Pass Book exemption limits customs and additional duty on specified imports, subject to DEPB credit and port conditions. Exemption caps customs and additional duty on specified imported goods when duties are debited against a Duty Entitlement Pass Book (DEPB) issued under paragraph 4.3 of the Export and Import Policy. The exemption applies only where the importer holds a DEPB with permitted credit entries, produces it to customs for debit, and the DEPB has sufficient credit; DEPB validity, permitted ports and locations, and special permission by the Commissioner of Customs are prescribed. Edible oils receive reduced applied rates while other goods are admitted at the Table's specified rates.
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 Entitlement Pass Book exemption limits customs and additional duty on specified imports, subject to DEPB credit and port conditions.
Exemption caps customs and additional duty on specified imported goods when duties are debited against a Duty Entitlement Pass Book (DEPB) issued under paragraph 4.3 of the Export and Import Policy. The exemption applies only where the importer holds a DEPB with permitted credit entries, produces it to customs for debit, and the DEPB has sufficient credit; DEPB validity, permitted ports and locations, and special permission by the Commissioner of Customs are prescribed. Edible oils receive reduced applied rates while other goods are admitted at the Table's specified rates.
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