Debiting the element of SAD in DEPB Scrips - regarding

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....g. After announcement of 2002-2007 EXIM Policy, one of the Customs Notifications issued by Department of Revenue is Notification No. 45/2002-Customs dated 22-4-2002 which has been issued to operationalise DEPB Scheme as contained in the new EXIM Policy. Whereas the earlier Customs Notification No. 34/97-Cus., dated 7-4-1997 issued under DEPB Scheme did not require debiting the element of SAD in....

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....he element of SAD will be required to be debited in it. 3. In order to sortout this problem, the matter was discussed between officials of DOR and DGFT. The dividing line for issue of a DEPB Scrips under a particular policy is the "let export date" of the Shipping Bill. In all cases where "let export date" is prior to 1-4-2002, such exports under DEPB Scheme would be governed by 1997-02 EXIM Po....