Refined Glycerine DEPB Standardised at 8%

[DGFT Public Notice No. 13 dated 13th October 2010]

Subject: Amendment of DEPB entry Sl. No. 434 & 525 of the Product Group “Chemicals” (Product Code: 62).

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014, the following amendment is made in the Schedule of DEPB Rates (as stated in paragraph 1.1 of HPB v1):

DEPB entry Sl. No. 434 and 525 of the Product Group “Chemicals” (Product Code: 62):

Earlier Entry:

Sl. No.

Description

DEPB Rate

Value Cap

434

Refined Glycerine

7

--

525

Refined Glycerine

8

--

Amended Entry:

Sl. No.

Description

DEPB Rate

Value Cap

434

This entry stands deleted.

525

Refined Glycerine

8

--

Effect of this amendment:

There were two DEPB entries at Sl. No. 434 and 525 of the Product Group “Chemicals” (Product Code: 62) for the same product “Refined Glycerine”.  The purpose of the amendment is to retain only one entry.  Accordingly, DEPB entry at Sl. No. 434 stands deleted. There is no change in the DEPB rate for entry at Sl. No. 525.