F.NO. 605/64/2000-DBK
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Subject: Pre-export DEPB Scheme
The revised Exim Policy and the corresponding Handbook of Procedure, Vol.I have come into effect from 1.4.2000. Apart from other changes in this Policy, the Pre-Export DEPB Scheme has been withdrawn. However, the provision made in Notification No.34/97-Cus. Dated 7.4.97 to permit duty free import of goods against such Pre-Export DEPB scrips by its amendment vide Notification No. 66/97-Cus. Dated 3.9.97 shall continue to operate so as to provide for import of inputs against Pre-export DEPB scrips issued prior to 1.4.2000. This provision shall automatically become redundant once all such DEPB scrips are exhausted, as no fresh pre-export DEPB scrips would be issued by the Licensing authorities with effect from 1.4.2000.
2. This may be brought to the notice of staff of the Custom House and the Trade.
