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DGFT PUBLIC NOTICE NO. 41/2002-07, Dt. 09/10/2002
Amendments/ Corrections in the Schedule of DEPB Rates
In exercise of powers conferred under paragraph 2.4 of the Export and Import
Policy, 2002-07 and paragraph 1.1 of Handbook (Vol.1), the Director General of
Foreign Trade hereby makes the following amendments/ additions in the book
titled "Schedule of DEPB Rates."
1. S. No. 11 of General Instructions for DEPB Rates shall be substituted by the
following:-
"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 export of such product, if any 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:-
i) Description of the composite product including the assembled product
alongwith its total net weight.
ii) Description of all the constituent items of such product with their
respective weight.
iii) Respective DEPB entry No. and the credit rate of all such constituent
items.
iv) Specify the constituent item having weight less than 5% of the total net
weight of such product."
2) Product Group: Engineering Product Code: 61
(1) The following entry shall be added in the Product Group - Engineering
S.No. | Export Product | DEPB Rate | Value cap for DEPB entitlement |
571 | Spheroidal Graphite Quality/ Steel Quality/ Alloy IC Quality/ ICDP Quality/ High Chrome Quality ROLLS FOR ROLLING MILLS | 10.00 |
3) Product Group: Chemicals and Allied Products Product Code: 62
The following entries are added as under:
S.No. | Export Product | DEPB Rate | Value Cap for DEPB entitlement |
975 | Formic Acid | 1% | |
976 | Phenmedipham Technical (97% Minimum) | 14% | Rs. 375/kg |
977 | Desmedipham Technical (97% Minimum) | 14% | Rs. 400/kg. |
978 | Napropamide Technical 90% Minimum | 12% | Rs. 450/kg |
979 | Clear Float Glass | 7% |
4. Product Group: Plastics Product Code: 63
The following entry is added as under:
S.No. | Export Product | DEPB Rate | Value Cap for DEPB entitlement |
135 | Fragrant & Designed Polypropylene Mat | 12% |
This issues in public interest
( L. MANSINGH )
DIRECTOR GENERAL OF FOREIGN TRADE