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

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....s. dated 10 / 9 / 97 F. No. 605/ 139/ 97- DBK Government of India Ministry of Finance Department of Revenue, New Delhi Subject : Clarification regarding the interpretation of proviso to....

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....ut for this exemption." The issue had been examined and it 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....