PMV under DEPB scheme

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Full Text of the Document

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....roducts where the rate of credit entitlement under DEPB scheme comes to 15% , or more, the amount of credit against each such export product shall not exceed 50% of the ", present market value (PMV) of the export product. At the time of export, the exporter shall declare un the Shipping bills that the benefit under DEPB scheme against the export product would not exceed 50% of the PMV of the expor....