Sponsored
    Follow Us:
Sponsored

Public Notice No. 49/2002-07, dated November 27, 2002, issued by the Government of India, outlines amendments to the “Schedule of DEPB Rates” under the Export and Import Policy, 2002-07. It revises the DEPB rates for several engineering products, including carbon steel pipes, cryogenic tanks, and hi-chrome castings. Additionally, new products such as watch dials made from nickel silver brass strip, steel cops, and hermetically sealed compressors for air conditioners have been added to the list, with specified DEPB rates and value caps. These changes aim to regulate the export incentives for these items, reflecting updated rates and limits on DEPB entitlement.

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

PUBLIC NOTICE NO. 49 /2002-07

NEW DELHI: the 27.11.2002

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 amendments/ additions in the book titled “Schedule of DEPB Rates.”

1) Product Group: Engineering Product Code: 61

(a) The following entries are amended as under:

Sr.No. Export Product DEPB Rate Value Cap for DEPB entitlement
463 Carbon steel submerged arc welded pipes as per API grade/ ASIM grade or equivalent or hot formed Steel bends as per API, ASTM grade or equivalent degree: 0-180 degree. 16.00 Rs. 27000/- per MT
464 Machined/ Cold Rolled/ Cold Formed Rings for Bearing Races and CV Cages 13.00
473 Carbon Steel submerged Arc welded pipes with 3 layer polyethylene coating of 2 mm thickness and having coating weight of 2.75 kgs 5% per Sq. Mtr. 14.00 Rs. 34000/- per MT
474 Carbon Steel submerged Arc welded pipes with 3 layer polyethylene coating of 2.5 mm thickness and having coating weight of 3.15 kgs +/- 5% per Sq. Mtr. 14.00 Rs. 34000/- per MT
475 Carbon Steel submerged Arc welded pipes with 3 layer polyethylene coating of 3 mm thickness and having coating weight of 3.60 kgs +/- 5% per Sq. Mtr. 14.00 Rs. 34000/- per MT
476 Carbon Steel submerged Arc welded pipes with 3 layer polyethylene coating of 3.5 mm thickness and having coating weight of 4.2 kgs +/- 5% per Sq. Mtr. 14.00 Rs. 34000/- per MT
481 Cryogenic Tank for liquified Gases 6.00
483 Hi-chrome casting composition: chromium 30-32%, molybdenum 2.5-3.5%, silicon 1.5-2.5%, carbon 1.5-2.5% balanced iron 8.00
553 Electric Lamp Caps (Aluminium)/ GLS Caps B22D & E 27/27 5.00

(b) The following entries shall be added in the Product Group – Engineering

Sr.No. Export Product DEPB Rate Value cap for DEPB entitlement
572 Watch Dials made out of Nickel Silver Brass Strip 14.00 Rs. 27/- per dial
573 Steel Cops/ Pirn/ Bobbins 15.00 Rs. 30/- per kg.
574 Hermetically Sealed Compressors for Airconditioners using R-22 refrigerant gas having cooling capacity – K Cal 3400/ 4790/5214/ 6350 per hour 14.00 Rs. 5000/- per piece

This issues in public interest

( L. MANSINGH )

DIRECTOR GENERAL OF FOREIGN TRADE

( C.V.L.N. PRASAD )

DIRECTOR GENERAL OF FOREIGN TRADE

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728