CIR NO.26/2000-CUS Dated 03-04-2000
- Document type
- Circular
- Reference no.
- F
- Dated
ABOLISHING OF PRE-EXPORT DEPB SCHEME.
Abolishing of Pre-Export DEPB Scheme.
The Revised Exim Policy and the corresponding Handbook of Procedure, Vol.1 have come into effect from 1.4.2000. Apart from other changes in this Policy, the Pre Export DEPB Scheme has been withdrawn. However, the provision made in Notification No.34/97-Customs dated 7-4-97 to permit duty free import of goods against such Pre-Export DEPB scrips by its amendment vide Notification No.66/97 Customs dated 3.9.97 shall continue to operate so as to provide for import of inputs against Pre-export DEPB scrips issued prior to 1.4.2000. This provision shall automatically become redundant onece all such DEPB scrips are exhausted, as no fresh pre-export DEPB scrips would be issued by the Licensing authorities with effect from 1.4.2000.
2. This may be brought to the notice to staff of the Customs House and the Trade.
Sd/-
(Sandeep Ahuja)
Under Secretary (DBK)