Entitlement of DEPB prior to issuance of Public Notice withdrawing the benefit under the Scheme against export of primary steel items, Cement and Rice

Public Notice No. 130 dated  27.3.2008  and  Public Notice No. 137 dated 3.4.2008 have been issued to withdraw the benefit of DEPB with immediate effect.

All the exporters were under dilemma over the entitlement of DEPB against the export made prior to date of these public notices.

Now, DGFT clarifies as follows:

"Exports made prior to the date of withdrawal / suspension of DEPB Rates for specific products shall be entitled for DEPB benefit at the rate prevalent on the date of shipment / export."

See -  Policy Circular No.  4  (RE-08)/2004-2009 dated 24-4-2008