| Date: |
10-03-1999
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| Notification No: |
Customs Circular No 11/1999
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| Issuing Authority: |
Indian Customs
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| Type: |
Circular
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| File No: |
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| Subject: |
Circular No. 11 dated 10th March 1999
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|
Circular No. 11 dated 10th March 1999
References have
been received from the field to clarify the date on which DEPB scrip must be
valid in order that the applicable customs duty may be debited in the scrip.
2. The
issue has been examined in the Board and it has been decided that since DEPB
scrip is in the nature of a duty credit entitlement, it must be valid on the
date on which actual debit of duty is made in the scrip.
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