FinMin notice to help exporters cope with DEPB abolition

ads
The finance ministry has notified (notification no. 68/2011-cus (NT) dated 22.09.2001) the new Duty Drawback All Industry Rate Schedule that will help exporters cope with the abolition of Duty Entitlement Passbook (DEPB) Scheme with effect from October 1, 2011. The Central Board of Excise and Customs (CBEC) has issued a useful Circular (no. 42/2011-Cus dated 22.09.2011) explaining some of the changes. The CBEC has also put up on its website a list of all the DEPB items falling under a particular product code and serial number with the corresponding drawback tariff item.
ads

Hottest ProductsMore