PUBLIC NOTICE NO. 05/2004-09, DT. 16/09/2004

Utilisation of DEPB credit in case of import of Edible oil

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following corrections in Handbook of Procedures (Vol. I) :-

At the end of Para 4.42 related to “utilization of DEPB credit”, the following clause shall be added:-

“In case of edible oils, whether refined or unrefined, the DEPB may be used for debit of 50% of the applicable duty and the balance 50% shall be paid in cash.”

This issues in Public Interest.

(K.T CHACKO)
DIRECTOR GENERAL OF FOREIGN TRADE
AND EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA

(Issued from File No. 01/94/180/9/AM05/PC.IV)

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