Public Notice No. 22 (RE-03)/2002-07, dated 04.08.2003, issued by the Ministry of Commerce and Industry, announces amendments to the DEPB (Duty Entitlement Pass Book) rates and descriptions for various products under the Export and Import Policy 2002-2007. The amendments affect engineering products such as ferrous automotive products, steel hinges, and engine bearing bushings, with updated descriptions and DEPB rates. For instance, steel hinges (entry at Sl. No. 437) now have a DEPB rate of 17%, effective from 1st April 2003, with a value cap of Rs. 20 per kg. Additionally, a new entry for nickel screens has been added at Sl. No. 584, with a DEPB rate of 3%. The notice also includes updates for textile products, specifically woollen blended shawls, scarves, and mufflers containing wool and polyester/viscose, under the product group code 89. These changes aim to update and clarify DEPB entitlements in line with export and import requirements.
GOVERNMENT OF INDIA,
MINISTRY OF COMMERCE AND INDUSTRY
PUBLIC NOTICE NO.- 22 (RE-03) / 2002-07
NEW DELHI : the 04th AUGUST, 2003
In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-07 and paragraph 1.1 of Handbook of Procedures (Vol.I), the Director General of Foreign Trade hereby makes the following addition / correction / amendment in the book titled “ Schedule of DEPB Rates”.
I) Product Group : Engineering Product Code : 61
i) The description of entry at Sl.No.65 is amended to read as under :-
“ Ferrous Automotive Products”
ii) The description of entry at Sl.No.121 is amended to read as under :-
“ Collar of MS Sheet”
iii) The entry at Sl.No.437 is corrected to read as under :-
Sr.No. | Description | DEPB Rate (%) | Value cap |
437
(Engg.) Code 61 |
Steel Hinges Bar Type | 17
(effective from 1.4.2003) |
Rs. 20/- per kg.
(effective from 1.4.2003) |
iv) The description of entry at Sl.No.498 is amended to read as under :-
“Thinwalled Engine Bearing Bushing and Thrust Washers in
Steel backed Copper based Alloy
F100/SY/HF2/LS10/GS10/Glyco-46/SAE-792”
v) After the existing entry at Sl.No.583, the following new entry is inserted :-
Sr.No. | Description | DEPB
Rate (%) |
Value Cap for DEPB entitlement |
584 | Nickel Screen | 3 | – |
II) Product Group : Textile Product Code : 89
The description of entry at Sl.No.36-A is amended to read as under :-
“Woollen blended shawls/scarves/mufflers containing wool and polyester/viscose”
This issues in Public Interest.
(L. MANSINGH)
DIRECTOR GENERAL OF FOREIGN TRADE