Three Months Extension for DEPB Scheme
[Ref: DGFT Public Notice No. 54(RE) dated 17 June 2011]
1. In exercise of powers conferred under Paragraph 2.4 of the
Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby
makes an amendment in Paragraph of 1.1 of the Handbook of Procedures, v1 (RE
2010).
2. The concluding phrase of Para 1.1 of HBP v1 reads “……except
DEPB Scheme, which shall continue to be operative till 30th June,
2011”. Government has now decided that the DEPB Scheme would continue to remain
operative for another 3 months, i.e. till 30.9.2011. Accordingly, the
words “till 30th June, 2011” would get replaced with the worlds
“till 30th September, 2011”.
3. The amended para 1.1 of the Handbook
of Procedures, v1 would now read as under:
1.1 “In pursuance of the provisions of paragraph 2.4 of FTP, the
Director General of Foreign Trade (DGFT) hereby notifies the
compilation known as HBP v.1, HBP v.2 and Schedule of DEPB rates. These
compilations, as amended from time to time, shall remain in force until 31stMarch,
2014, except DEPB Scheme which shall continue to be operative till 30th September,
2011.”
4. Effect of the Public Notice:
DEPB Scheme gets an extension of 3 months from 30.6.2011 to
30.9.2011.