Inclusion of commission in the FOB value for calculation of DEPB entitlement

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..... DEPB entitlement. Attention is invited to paragraph 7.25 of the Exim Policy (RE-98), 1997-2002 wherein it was clarified that under DEPB, an exporter shall be eligible to claim credit as a percentage of FOB value of exports made in freely convertible currencies. Representations have been received that the element of commission paid to foreign buyer or agent of the foreign buyer may not be excl .....

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