Wrong availment of DEPB benefit in respect of exports where imports were made ithout payment of customs duty under Notification No.32/97 dated 1.4.97 https://www.taxtmi.com/circulars?id=1318 DEPB is not available for exports manufactured from inputs imported duty free under a bond/BG mechanism; the duty free import facility and DEPB are mutually exclusive. Exporters must declare on the shipping bill any duty free imports and Customs must verify such declarations to prevent wrongful DEPB grant, supported by trade notices and standing orders for staff and trade. en-us Tue, 24 Apr 2001 00:00:00 +0530 Sun, 20 Jan 2008 18:22:00 +0530 TaxTMI RSS Generator Wrong availment of DEPB benefit in respect of exports where imports were made ithout payment of customs duty under Notification No.32/97 dated 1.4.97 https://www.taxtmi.com/circulars?id=1318 DEPB is not available for exports manufactured from inputs imported duty free under a bond/BG mechanism; the duty free import facility and DEPB are mutually exclusive. Exporters must declare on the shipping bill any duty free imports and Customs must verify such declarations to prevent wrongful DEPB grant, supported by trade notices and standing orders for staff and trade. Circulars Customs Tue, 24 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1318