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