The Ministry of Commerce and Industry issued Public Notice No. 69/2002-07 on 10th March 2003, amending entries in the “Schedule of DEPB Rates” under the Export and Import Policy 2002-07. Corrections were made to DEPB rates and value caps for various products in the Engineering and Chemicals product groups. Key revisions include: Brass Tubes (16%, Rs. 150/kg cap), Non-Alloy Steel Wire (17%, Rs. 30/kg cap), Seamless Stainless Steel Tubes (20%, Rs. 80/kg cap), and Fully Threaded Rods (18%, Rs. 30/kg cap). For Chemicals, Chlorhexidine Base/Gluconate now has an 11% DEPB rate. Additionally, the effective period for Agricultural Sprinklers in Annexure II of Public Notice No. 62 dated 17th February 2003, is corrected to 3rd January 2003 onwards. These changes aim to ensure accuracy and compliance in DEPB entitlement calculations.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
PUBLIC NOTICE NO. 69 /2002-07
NEW DELHI: the 10TH MARCH, 2003
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 correction/amendment in the book titled “Schedule of DEPB Rates.”
1) Product Group: Engineering Product Code: 61
The following entries are corrected as under:
Sr.No. | Export Product | DEPB Rate | Value Cap for DEPB entitlement |
114 | Brass Tubes | 16.00 | Rs. 150/kg |
341 | Non Alloy Steel Wire Coated/ Plated or otherwise | 17.00 | Rs. 30/kg |
416 | Seamless Stainless Steel Tubes (Cold Finished) | 20.00 | Rs. 80/kg |
417 | Fully Threaded Rod (Galvanised) | 18.00 | Rs.30/kg |
2. Product Group: Chemicals Product Code: 62
The following entry is corrected as under:
Sr.No. | Export Product | DEPB Rate | Value Cap for DEPB entitlement |
837 | Chlorhexidine Base/ Gluconate | 11.00 |
3. In the Annexure – II of Public Notice No. 62 (RE-2002)/2002-2007 dated 17.02.2003 against entry at S.No. 575 of Product Group EngineeringProduct Code – 61, the effective period shall be shown as 03.01.2003. The corrected entry is reproduced below:-
-: 2 :-
PRODUCT GROUP – ENGINEERING PRODUCT CODE – 61
Sr.No. | Description of Export Product | DEPB Rate | Value Cap | Effective Period |
575 | Agricultural sprinkler mainly made of Brass | 5.00 | 03.01.2003 onwards |
This issues in Public Interest
( L. MANSINGH )
DIRECTOR GENERAL OF FOREIGN TRADE
( C.V.L.N. PRASAD )
DIRECTOR GENERAL OF FOREIGN TRADE