Eligibility of DEPB benefit on exports in cases where the inputs have been procured under DEPB Scheme

Eligibility of DEPB benefit on exports in cases where the inputs have been procured under DEPB Scheme – reg https://www.taxtmi.com/circulars?id=1605 The DEPB Scheme is a post-export duty remission mechanism issuing transferable duty credit scrips that neutralize deemed import duty on exported goods. Inputs imported against DEPB and the scrips themselves are freely transferable. Exporters who source inputs via DEPB, or purchase DEPB scrips or inputs imported under DEPB, remain eligible to claim DEPB benefits on their exports. A previous contrary instruction is withdrawn. en-us Thu, 21 Oct 2004 00:00:00 +0530 Sat, 28 Feb 2009 16:07:00 +0530 TaxTMI RSS Generator Eligibility of DEPB benefit on exports in cases where the inputs have been procured under DEPB Scheme – reg https://www.taxtmi.com/circulars?id=1605 The DEPB Scheme is a post-export duty remission mechanism issuing transferable duty credit scrips that neutralize deemed import duty on exported goods. Inputs imported against DEPB and the scrips themselves are freely transferable. Exporters who source inputs via DEPB, or purchase DEPB scrips or inputs imported under DEPB, remain eligible to claim DEPB benefits on their exports. A previous contrary instruction is withdrawn. Circulars Customs Thu, 21 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1605