Circular No. 76/2000-Cus.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Subject : DEPB – admissibility of benefit against export of CRGP/GC coils/ MS galvanised sheets or strips
Representations from trade and references from field formations have been received in the Board regarding admissibility of Galvanised CRGP/GC Coils/MS Galvanised Sheets or Strips or wide coils under EPB Scheme.
2. The issue was discussed at length in DEPB Committee meetings wherein representatives of Steel Ministry were also present. Consequently, DGFT have issued their Policy Circular No. 19(RE-00)/2000-2001 dated 28.7.2000 reported in 2000 (39) RLT Ml 03.
3. The issue has been examined by the Board. It has been decided that all the Customs Houses should implement the above mentioned policy circular of DGFT, and take immediate necessary steps to safeguard revenue and to recover any excess DEPB credit entitlement which may have been granted to the exporters in the past against export of above mentioned products under Sr.No. 91 of Engineering Group as against the correct entry at Sr.No. 363 of the Engineering Group.
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