DEPB General Instructions New General Instructions for DEPB Rates The rates of DEPB specified in book shall not be applicable to export of a commodity of product if such commodity or product is:- Manufactured partly or wholly in a warehouse under Section 65 of the Customs Act, 1962 (52 of 1962); Manufacture and/or exported in discharge of export obligation against an Advance Autorisation including Advance Authorisation for Annual Requirement or exported under DFIA Scheme of the relevant Foreign Trade Policy; Manufacture and/or exported by a unit licenced as 100% Export Oriented Unit in terms of the provisions of the relevant Foreign Trade Policy; Manufactured and /or exported by any of the units situated in Free Trade Zones/Export Processing Zone/Special Economic Zones/EHTP Scheme; Exports of goods of foreign origin, unless the goods have been manufactured or processed or on which similar operations have been carried out in India; Exports made under paragraph 2.35 and 2.36 of the Foreign Trade Policy. The DEPB rate and the value cap shall be applicable as existing on the date of order of “let export” by the Customs. The value cap, wherever existing, shall be with reference to the FOB value of exports. The DEPB rates shall be applied on the FOB value or value cap whichever is lower. For example, if the FOB value is Rs.500/- per piece, and the value cap is Rs.300/- per piece, the DEPB rate shall be applied on Rs.300/-. Wherever any specific rate exists for a particular item under DEPB rate list as given in this book, the items shall not be covered under any generic description of the DEPB rate list. The DEPB rate aims to neutralize the incidence of duty on the inputs used in the export product. Therefore, the DEPB rates, as given in this book refer to normally tradable/exportable product. Items such as Gold Nibs, Gold Pen, Gold watches etc. though covered under the generic description of writing instructions, components of writing instruments and watches are thus not eligible for benefit under the DEPB scheme. The DEPB rates given for various galvanized Engineering product shall cover non galvanised products and vice-a-versa. The DEPB rate given for various types of garments do not cover Silk as well as Woolen garments unless specifically mentioned in the DEPB description. Portable product at S.No.239, 240,241,242,243 and 286 of Product Group: Engineering (Product Code 61) exported in the form of incomplete CKD/SKD Kit, but consisting of (i) Engine (ii) Chassis (iii) Gear Box (iv) Transmission Assembly system (v) Axle (Front & Rear) and (vi) Suspension System or Body/Cab or both, shall be treated at par with complete CKD/SKD Kit for the purpose of relevant DEPB benefits. The DEPB rate for formulation consisting of more than one bulk drug would be calculated as per provisions of Policy Circular No.20 dated 31st July, 2000. Wherever the export of resultant product in completely built form is allowed under DEPB, the CKD/SKD export of such product shall also be allowed under DEPB. DEPB benefit would also be admissible on the export of composite product including assembled product having more than one constituent items for which DEPB rates are individually fixed. In such cases, the DEPB entitlement would be restricted to the lowest of the rate applicable to the constituent items, ignoring the rate of the constituent item(s) having weight less than 5% of the total net weight of such product. However, no DEPB benefit would be admissible on the exportof such product, if constituent item(s) is weighing more than 5% of the total net weight (of the product) and does not have any DEPB rate fixed.The exporters shall declare in the shipping bill the following details also for claiming DEPB benefit on the export of such product: Description of the composite product including the assembled product, alongwith its total net weight. Description of all the constitute item(s) of such products which attract a DEPB rate with their respective DEPB Nos. and their credit rate alongwith total weight of such constituent (s). Description and combined total weight of those constituent item(s) which have no DEPB rate in the schedule.(Explanatory Note) : In case (iii) above is more than 5% of total weight given in (i), no DEPB on the composite product would be admissible. 12. DEPB benefit would be available on the export of products having extraneous material upto 5% by weight. In such cases, extraneous material upto 5% shall be ignored and the DEPB rate as notified for that export product shall be allowed.
Get Sample Now Which service(s) are you interested in? Export Data Import Data Both Buyers Suppliers Both OR Exim Help + Exim News Date: 20-05-2019 RBI to boost card payments with 34% increase in PoS terminals by end of 2021 Date: 20-05-2019 India may witness longer slowdown as oil imports, consumption decline Date: 20-05-2019 Japan's economy grew 0.5% in first quarter: Data Date: 20-05-2019 Power producers seek removal of double taxation on imported coal Date: 20-05-2019 Rupee rises 79 paise to 69.44 vs dollar as market cheers exit poll results Date: 18-05-2019 Spencer’s buys Nature’s basket, eyes expansion in western India Date: 18-05-2019 Trade war with US could slice 1% of China’s GDP: Top Chinese official Date: 18-05-2019 Cheap thrills: Refurbished mobile imports certified by BIS get govt nod Date: 18-05-2019 Honest with I-T, but evading GST Date: 18-05-2019 Forex reserves up by $1.36 bn to $420.05 bn What is New? Date: 16-05-2019 Notification No.37/2019 - Customs (N.T.) Exchange Rates Notification No.37/2019-Custom(NT) dated 16.05.2019 Date: 15-05-2019 Notification No. 36/2019-CUSTOMS (N.T.) Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg Date: 15-05-2019 Trade Notice No. 14/2015-2020 Three months time window for applying for MEIS for shipping bills with HS Codes which were harmonized and notified under MEIS Appendix 3B, Table 2 after a delay Date: 15-05-2019 Policy Circular No. 23/2015-20 Non-requirement of submission of Hard copy of application at RAs for issue of Advance Authorisation (AA) & EPCG Authorisation Date: 15-05-2019 ECA Circular No. 24 Administrative Review of Adjudication Orders passed by subordinate officers - regarding. Date: 14-05-2019 TRADE NOTICE NO. 13/2019-20 Imports of Maize (feed grade) under the TRQ Scheme for 2019-20. Date: 14-05-2019 Notification No. 15/2019-Customs Seeks to further amend notification No. 50/2017-customs dated 30th June 2017 to postpone the implementation of increased customs duty on specified imports originating in USA from 16th May, 2019 to 16th June, 2019. Date: 13-05-2019 TRADE NOTICE NO. 12/2019-20 Discontinuing submission of physical copy of RCMCs with effect from 1.7.2019 while filling application for incentives/entitlements under FTP Date: 13-05-2019 Notification No. 20/2019-Customs (N.T./CAA/DRI) Appointment of CAA by Pr. DGRI-reg. Date: 13-05-2019 Notification No. 21/2019-Customs (N.T./CAA/DRI) Appointment of CAA by Pr. DGRI-reg.
Indian Customs CBEC - Indian Customs Offices Indian Customs Duty Customs Exchange Rate HS Code List - Countrywise Safegaurd Duty Anti Dumping Duty Duty Drawback Rates
DGFT Dgft offices in India Exim Policy IEC Number Dgft Notification Dgft Public Notices Dgft Circulars Trade Notice Depb Rates
Central Excise Central Excise Offices Central Excise Duty Central Excise Notification Central Excise Notification tarrif Central Excise Notification Non-Tarrif Central Excise Circulars Central Excise Instruction Central Excise Manual