Admissibility of 5% Entitlement Rate under VKGUY Scheme, for shipments under Duty Drawback Scheme where the Drawback Rate is up to 1% only (including both Customs & Excise components).

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....l, 2008   To All Regional Authorities Exporting Community Subject:           Admissibility of 5% Entitlement Rate under VKGUY Scheme, for shipments under Duty Drawback Scheme where the Drawback Rate is up to 1% only (including both Customs & Excise components). Representations have been received from exporters as well as Regiona....

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....the above provision, it is, once again, clarified that where export is under DEPB Scheme, for claim of DEPB only for Packing Material, exporters are entitled to VKGUY Scheme benefits @ 5% of Fob Value of Exports. 4.         It has been similarly decided that wherever Duty Drawback Rate is up to 1% only (including both Customs & Excise components), such ex....