https://www.taxtmi.com/circulars?id=4028 FOB values for DEPB must be converted into Indian rupees using the authorised dealer's TT buying rate on the date export documents are purchased/negotiated/collected; the resulting rupee FOB is then used to apply the DEPB rate of credit. Applicants must submit bank certificates with an endorsement certifying the date of purchase/negotiation/collection and the TT buying rate. The endorsement is required even if proceeds are realised and for all cases where DEPBs have not been issued; exporters with file numbers assigned prior to 29/9/2000 are exempt. en-us Wed, 13 Dec 2000 00:00:00 +0530 Thu, 03 Jan 2008 08:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4028 FOB values for DEPB must be converted into Indian rupees using the authorised dealer's TT buying rate on the date export documents are purchased/negotiated/collected; the resulting rupee FOB is then used to apply the DEPB rate of credit. Applicants must submit bank certificates with an endorsement certifying the date of purchase/negotiation/collection and the TT buying rate. The endorsement is required even if proceeds are realised and for all cases where DEPBs have not been issued; exporters with file numbers assigned prior to 29/9/2000 are exempt. Circulars DGFT Wed, 13 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4028