Base for computation of the DEPB rate when the exchange rate on the date of “let export” exceeds the actual realisation rate

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Full Text of the Document

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....TORATE GENERAL OF FOREIGN TRADE POLICY CIRCULAR NO 17/2002-2007, Dt. 09/01/2003 As per para 4.43 of the Handbook of Procedures (Vol 1) the exchange rate to be used for conversion of the foreign currency receipts into equivalent rupees for computation of the credit under the DEPB Scheme would be the same rate as notified by Ministry of Finance relevant to the date of order of "let export" by ....