TMI BlogGrant of DEPB against free Shipping Bills converted by the Customs Authorities.X X X X Extracts X X X X X X X X Extracts X X X X ..... munity. Subject: Grant of DEPB against free Shipping Bills converted by the Customs Authorities. Para 2.56 of HBP v.1 provides for conversion of EP copy of the Shipping Bill from one scheme to another. The relevant portion of the para is extracted below:- "Conversion of E.P. copy of shipping bill from one Scheme to Another: If Customs Authorities, after recording reasons in writing, permit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which were converted by the Customs authorities. Some of the exporters approached High Courts claiming that DEPB should be given in cases where the conversions have been allowed by Customs. 3. In a case filed by M/s. Estocorp (India) Pvt. Ltd., the Delhi High Court (in a Writ Petition No.14367/2005) allowed the claim of the petitioner for grant of DEPB against converted shipping bills. In their ..... X X X X Extracts X X X X X X X X Extracts X X X X
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