DEPB
Rates as on 27.8.2009
General Instructions for DEPB Rates
1.
The rates of DEPB specified in book shall
not be applicable to export of a commodity of product if such commodity or
product is:-
a.
Manufactured partly or wholly in a warehouse
under Section 65 of the Customs Act, 1962 (52 of 1962);
b.
Manufacture and/or exported in discharge of
export obligation against an Advance Autorisation including Advance
Authorisation for Annual Requirement or exported under DFIA Scheme of the relevant
Foreign Trade Policy;
c.
Manufacture and/or exported by a unit
licenced as 100% Export Oriented Unit in terms of the provisions of the
relevant Foreign Trade Policy;
d.
Manufactured and /or exported by any of the
units situated in Free Trade Zones/Export Processing Zone/Special Economic
Zones/EHTP Scheme;
e.
Exports of goods of foreign origin, unless
the goods have been manufactured or processed or on which similar operations
have been carried out in India;
f.
Exports made under paragraph 2.35 and 2.36
of the Foreign Trade Policy.
2.
The DEPB rate and the value cap shall be
applicable as existing on the date of order of “let export” by the Customs.
3.
The value cap, wherever existing, shall be
with reference to the FOB value of exports. The DEPB rates shall be applied on
the FOB value or value cap whichever is lower. For example, if the FOB value is
Rs.500/- per piece, and the value cap is Rs.300/- per piece, the DEPB rate
shall be applied on Rs.300/-.
4.
Wherever any specific rate exists for a
particular item under DEPB rate list as given in this book, the items shall not
be covered under any generic description of the DEPB rate list.
5.
The DEPB rate aims to neutralize the
incidence of duty on the inputs used in the export product. Therefore, the DEPB
rates, as given in this book refer to normally tradable/exportable product.
Items such as Gold Nibs, Gold Pen, Gold watches etc. though covered under the
generic description of writing instructions, components of writing instruments
and watches are thus not eligible for benefit under the DEPB scheme.
6.
The DEPB rates given for various galvanized
Engineering product shall cover non galvanised products and vice-a-versa.
7.
The DEPB rate given for various types of
garments do not cover Silk as well as Woolen garments unless specifically mentioned
in the DEPB description.
8.
Portable product at S.No.239,
240,241,242,243 and 286 of Product Group: Engineering (Product Code 61)
exported in the form of incomplete CKD/SKD Kit, but consisting of (i) Engine
(ii) Chassis (iii) Gear Box (iv) Transmission Assembly system (v) Axle (Front
& Rear) and (vi) Suspension System or Body/Cab or both, shall be treated at
par with complete CKD/SKD Kit for the purpose of relevant DEPB benefits.
9.
The DEPB rate for formulation consisting of
more than one bulk drug would be calculated as per provisions of Policy
Circular No.20 dated 31st July, 2000.
10. Wherever
the export of resultant product in completely built form is allowed under DEPB,
the CKD/SKD export of such product shall also be allowed under DEPB.
11. DEPB
benefit would also be admissible on the export of composite product including
assembled product having more than one constituent items for which DEPB rates
are individually fixed. In such cases, the DEPB entitlement would be restricted
to the lowest of the rate applicable to the constituent items, ignoring the
rate of the constituent item(s) having weight less than 5% of the total net
weight of such product. However, no DEPB benefit would be admissible on the
exportof such product, if constituent item(s) is weighing more than 5% of the
total net weight (of the product) and does not have any DEPB rate fixed.
The exporters shall declare in the shipping bill the
following details also for claiming DEPB benefit on the export of such product:
i.
Description of the composite product
including the assembled product, alongwith its total net weight.
ii.
Description of all the constitute item(s)
of such products which attract a DEPB rate with their respective DEPB Nos. and
their credit rate alongwith total weight of such constituent (s).
iii.
Description and combined total weight of
those constituent item(s) which have no DEPB rate in the schedule.
(Explanatory
Note):
In case (iii) above is more than 5% of total weight
given in (i), no DEPB on the composite product would be admissible.
12. DEPB
benefit would be available on the export of products having extraneous material
upto 5% by weight. In such cases, extraneous material upto 5% shall be ignored
and the DEPB rate as notified for that export product shall be allowed.
Contents
|
Product Group |
Product Code |
|
61 |
|
|
62 |
|
|
63 |
|
|
64 |
|
|
65 |
|
|
66 |
|
|
67 |
|
|
68 |
|
|
83 |
|
|
89 |
|
|
90 |