Public Notice No. 5 (RE-2002)/2002-07, issued on 4th April 2002 by the Ministry of Commerce and Industry, announces amendments to the DEPB rates and corrections to product classifications. The notice updates the “Schedule of DEPB Rates” in the Export and Import Policy 2002-07. Key changes include corrections to the DEPB rates for leather and leather products, textiles, and miscellaneous items. For example, the DEPB rate for certain leather items is set at 8.00, and changes are also made to the classification of textile products such as processed cotton made-ups. Additionally, the note for textile items with embroidery or metallised yarn has been amended, along with adjustments to entries for agro-products and packaging materials. The notice also corrects the General Instructions for DEPB Rates related to exports under specific paragraphs of the Exim Policy. These modifications are effective from 1st April 2002 and are made in the public interest to ensure clarity and consistency in the implementation of export benefits.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
PUBLIC NOTICE No. 5 /2002-07
NEW DELHI: the 4th April, 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/ corrections in the book titled “Schedule of DEPB RateSr.”
A) The following entries are corrected as under:
(i) Product Group: Leather and Leather Products
Product Code: 64
SR.No | Export Product | DEPB Rate | Value cap for DEPB entitlement |
5 |
|
8.00
8.00 |
(ii) Product Group: Textiles
Product Code: 89
SR.No | Export Product | DEPB Rate | Value cap for DEPB entitlement |
71 | All processed cotton madeups including quilted cotton madeups, with or without embroidery and/ or with or without metallised yarn and not covered under SR.No 68 | 8.00 |
B) The following Notes at the end of the Product Group – Textiles is amended as under:
Notes:
1. The product covers one piece of garment for females covering the top of the body and extending to somewhere from the mid-thigh to the feet. It is appropriate to wear this dress without other garments and its lower end encloses both the legs in a single ” tube” (rather than two, as trousers do).
2. In case a value cap has been imposed on a DEPB entry under the Textiles Product Group, the description of the said entry would include those with embroidery and/ or with metallised yarn.
C) The following entry is amended as under:
(i)Product Group: Miscellaneous
Product Code: 90
SR. No | Export Product | DEPB Rate | Value cap for DEPB entitlement |
22 |
Provided that “c” above will not be applicable to agro products and processed products thereof, having a DEPB rate higher than 3%. |
2.00
1.00 3.00 |
D) No 1. h) of the “ General Instructions for DEPB Rates” is corrected as under:
h) Exports made under paragraph 2.35 and 2.36 of the Exim Policy.
This issues in public interest.
(N.L.Lakhanpal)
Director General of Foreign Trade
(A.B.Menon)
Dy.Director General of Foreign Trade
(F.NO. 01/94/180/DEPB /AM03/PC-IV)