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Methodology to calculate DEPB rates for drugs formulations in terms of Policy Circular no.20 dated 31.7.2000

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..../12/2003 Representations have been received by this office that in case of export of pharmaceutical formulations under DEPB, sometimes rate is worked out in fractions when calculated as per the formula prescribed by the Policy Circular No.20 dated 31.7.2000. They have further stated that as per existing practice, the DEPB entitlement rate is rounded off to the nearest digit. However, while verify....

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