Tuesday, April 1, 2008

DEPB scheme extended till further orders

by Jo Black

Indian federal government has announced that the Duty Entitlement Pass Book (DEPB) Scheme, one of the most transparent exporter-friendly Scheme, was valid for shipments upto 31-03-2008, has been extended till further orders.

This will facilitate shipments to be allowed under the Scheme by the field formations of Customs even beyond 31/03/2008.

Further, the DEPB rates announced w.e.f. 1/4/2007 and subsequent amendments made therein, shall continue for all exports under DEPB Scheme even after 31/03/2008.

 

 

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