Passbook Scheme - No exemption to duty assessed in excess of credit in Passbook/ DEPB

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....97- DBK Government of India Ministry of Finance Department of Revenue, New Delhi Subject : Clarification regarding the interpretation of proviso to condition 3 of the Notfn. No. 104 / 95 - Cus. dt....

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....t is, hereby, clarified that wherever the credit available in the Pass-Book, or DEPB, as the case may be, is not sufficient for debiting the duty assessed on the goods in a Bill of Entry, the excess a....