Public Notice No. 51 (RE-03)/2002-2007, issued by the Ministry of Commerce and Industry on 17th February 2004, amends the provisions related to exports made to Special Economic Zones (SEZs) under the Export and Import Policy (2002-2007). The amendment, made in the Handbook of Procedures Vol. 1, follows the earlier inclusion of SEZs in Public Notice No. 11 dated 30th May 2003. The revised policy clarifies that exports to SEZs, as notified by the Department of Commerce, are now eligible for Duty Entitlement Pass Book (DEPB) benefits. This adjustment aims to streamline export procedures and provide incentives to businesses engaging with SEZs, ensuring a more efficient and beneficial framework for exports.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
PUBLIC NOTICE No 51 (RE- 03)/ 2002-2007
NEW DELHI: the 17th, February, 2004
In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-07, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1):
The provision related to SEZ as incorporated vide Public Notice No.11 dated 30.5.03 in paragraph 4.40, stands amended as follows :-
“The exports made to the Special Economic Zones[SEZs] as notified by the Department of Commerce , are also entitled to DEPB”
This issues in the Public interest.
(L. MANSINGH)
DIRECTOR GENERAL OF FOREIGN TRADE
Copy to all concerned,
By order etc.
