A Status holder or a PSU may also submit Corporate Guarantee in lieu of Bank Guarantee/LUT in terms of the provisions of relevant Customs Circular in this regard. In case of a group company, if one company of a Group is a status holder, Corporate Guarantee may be given for another company by this company, which is not a status holder.
DEPB rate corrections for engineering, plastics, and leather products under Public Notice No. 52, effective from 9th February 2004.
Public Notice No. 51/2004 updates DEPB eligibility for exports to SEZs under the Export and Import Policy (2002-2007).
Public Notice No. 50 (RE-03)/2002-2007 updates Standard Input Output Norms for various sectors, including engineering, food, textile, and miscellaneous products.
Public Notice extends the import timeline for vegetable fats under the India-Nepal trade agreement until June 5, 2004, and updates related procedures.
In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-07, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1)
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 notifies the revised DEPB rate of the items as annexed to this Public Notice.
In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-2007 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.
However from 01.04.2004 onwards, this 50% reduction in the application fee would be applicable to only those electronic applications which are digitally signed and submitted online on the DGFT website and where the application fee is paid electronically through the Electronic Fund Transfer (EFT). For details on various aspects of digital signatures and EFT, information on the DGFT website at www.nic.in/eximpol may kindly be perused.
The claim application shall be filed along with the application for fixation of brand rate of duty drawback in case brand rate is required to be fixed. The provision of late cut under paragraph 9.3 and supplementary claim under paragraph 9.4 shall also be applicable under this sub-paragraph.
