|
1.
|
The
rates of DEPB specified in book shall not be applicable
to export of a commodity or product if such commodity
or product is:- |
| (a) |
Manufactured
partly or wholly in a warehouse under Section 65
of the Customs Act, 1962 (52 or 1962). |
| (b) |
Manufactured
and/or exported in discharge of export obligation
against an Advance Licence including Advance Licence
for Annual Requirement or exported under DFRC Scheme
of the relevant EXIM Policy. |
| (c) |
Manufactured
and/or exported by a unit licenced as hundred percent
export oriented unit in terms of the provisions
of the relevant import and export Policy. |
| (d) |
Manufactured
and/or exported by any of the units situated in
free trade zones /Export Processing Zone/ Special
Economic Zones / EHTP Scheme. |
| (e) |
Manufactured
and/or exported in terms of clause (b) of sub-rule
(1) of rule 12 of the Central Excise Rules, 1944
|
| (f) |
Manufactured
and/or exported in terms of clause (b) of sub-rule
(1 ) of rule 13 of the Central excise Rules, 1944
|
| (g) |
Export
of goods of foreign origin, unless the goods have
been manufactured or reprocessed or on which similar
operations have been carried out in India.
|
| (h) |
Exports
made under paragraph 2.35 and 2.36 of the EXIM Policy.
(amended by PN-5 dated 4.4.2002) |
| 2. |
The
DEPB rate and the value cap shall be applicable
as existing on the date of order of "let export"
by the Customs. |
| 3. |
The
value cap, wherever existing shall be with reference
to the FOB value of exports. The DEPB rate 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/-. |
| 4. |
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. |
| 5. |
The
DEPB rate aims to neutralise the incidence of duty
on the inputs 'used in 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 instruments,
components of writing instruments and watches are
thus not eligible for benefit under the DEPB scheme.
|
| 6. |
The
DEPB rates given for various galvanised Engineering
product shall cover non galvanised products and
vice-a-versa. |
| 7. |
The
DEPB rate given for various types of garments do
not cover Silk as well as woollen garments unless
specifically mentioned in the DEPB description. |
| 8. |
Portable
Products 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 (1) 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. |
| 9. |
The
DEPB rate for formulations consisting of more than
one bulk drug would be calculated as per provisions
of Policy Circular No.20 dated 31"' July, 2000. |
| 10. |
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 |
| 11. |
DEPB
benefit would also be admissible on the export of
composite 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. In such calculations, the constituent items
having weight less than 5% of the total weight shall
be ignored. |
| 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. |
