https://www.taxtmi.com/circulars?id=1711 DEPB benefit is available only when inputs used in the exported product have borne customs duty; inputs imported duty free under the duty free import notification against Bond/BG therefore disqualify the exporter from claiming DEPB. Customs must verify at export processing that duty free imports are not relied upon for DEPB credit, and exporters must declare on the shipping bill that specified materials were imported duty free, with trade notices and standing orders issued for guidance. en-us Thu, 16 May 2002 00:00:00 +0530 Mon, 02 Mar 2009 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1711 DEPB benefit is available only when inputs used in the exported product have borne customs duty; inputs imported duty free under the duty free import notification against Bond/BG therefore disqualify the exporter from claiming DEPB. Customs must verify at export processing that duty free imports are not relied upon for DEPB credit, and exporters must declare on the shipping bill that specified materials were imported duty free, with trade notices and standing orders issued for guidance. Circulars Customs Thu, 16 May 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1711