Clarifications Relating to DEPB Scheme – Reg.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o the notification No. 96/2004 Cus dated 17.09.2004 as amended issued under DEPB Scheme. The said notification expired on 30.09.2005 and subsequently a new notification (No.89/2005-Cus dated 4.10.2005) was issued to allow imports under DEPB Scheme without payment of customs duty upto 31st December,2005. There was, thus a gap of three days between the expiry of the earlier notification and issue of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... endorsement that "this DEPB is issued under notification no. 96/2004 -Cus. Dated 17.09.2004". 2. The DGFT has also raised another point stating that at times the DEPB scrips issued under. 45/2002-Cus dated (i.e. customs notification governing DEI'B imports prior to 17.9.2004) are revalidated based on the evidence of delay caused either at the Customs end or at the DGFT end in terms of paragr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ntry filed during this period shall be allowed to be utilised on a provisional basis. It is also clarified that DEPB benefit shall be extended to imported goods under Notification No. 89/2005- Cus-dated 4.10.2005 even if the DEPB license contains an endorsement that the same is issued under notification no. 96/2004 - Cus dated 17.9.2004 This would be subject to the condition that the DEPB licence ....