(Please refer Cus Cir No.24/2002 date 6/5/2002 for Changes made in DEPB Scheme vide Exim Policy 2002-07)
PARA 4.3
The objective of DEPB is to neutralise the incidence of Customs duty on
the import content of the export product. The neutralisation shall be
provided by way of grant of duty credit against the export product.
(Please refer CUS NTF NO.26/2003 (NT) DATE 01/04/2003)