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DGFT Foreign Trade Policy Exim Policy (01/04/2003 to 31/08/2004) PARA 4.3.5

4.3.5

Normally, the exports made under the DEPB Scheme shall not be entitled for drawback. However, the additional customs duty/excise duty paid in cash on inputs under DEPB shall be adjusted as CENVAT Credit or Duty Drawback as per rules framed by the Department of Revenue.[Deleted - In cases, where the additional customs duty is adjusted from DEPB, no benefit of CENVAT/ Drawback shall be admissible. ]

(Last sentence of Para 4.3.5 has been Deleted vide NTF. No. 28/2003, DT. 28/01/2004)

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