TMI BlogClarifications Relating to DEPB Scheme – Reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... d Trade Associations is invited to the notification No. 96/2004 Cus dated 17.09.2004 as amended issued under DEPB Scheme. The said notification expired on 30.09.2005 and subsequently a new notification (No.89/2005-Cus dated 4.10.2005) was issued to allow imports under DEPB Scheme without payment of customs duty upto 31st December,2005. There was, thus a gap of three days between the expiry of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... here the DEPB Licence contains an endorsement that this DEPB is issued under notification no. 96/2004 Cus. Dated 17.09.2004 . 2. The DGFT has also raised another point stating that at times the DEPB scrips issued under. 45/2002-Cus dated (i.e. customs notification governing DEI'B imports prior to 17.9.2004) are revalidated based on the evidence of delay caused either at the Customs end or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... credit on imports against Bills of Entry filed during this period shall be allowed to be utilised on a provisional basis. It is also clarified that DEPB benefit shall be extended to imported goods under Notification No. 89/2005- Cus-dated 4.10.2005 even if the DEPB license contains an endorsement that the same is issued under notification no. 96/2004 Cus dated 17.9.2004 This would be subject to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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