DEPB rates for chemical formulations

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....ulk drug where all the constituent drugs are either specified in Appendix - 28A i.e. having specified DEPB rates or are non-specified ones. 1. Non applicability of value caps, as imposed on Bulk Drugs, on chemical formulations consisting of such Bulk Drugs. 2. Attention is invited to Policy Circular No. 39 dated 22-1-99 containing the guidelines for calculating the DEPB rates for chemical fo....

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....of which there is a specified DEPB entry available in Appendix-28A, the DEPB credit shall be calculated as per note(b) mentioned against the entry at Sl.No. 37. 3. Some representations have been received from exporters wherein they have claimed that the Customs are interpreting the value caps as imposed on Bulk Drugs, to be applicable on the chemical formulations consisting of such bulk drugs. ....