Guidelines for execution of BG/LUT for filing application under DEPB scheme

By Vijay Kumar

DGFT in Notification No. 88 and Public Notice No. 151, both dated 26.02.2009, had relaxed the procedure for availing the benefit of DEPB and the Chapter 3 Incentive schemes (Having transferability facility).

DGFT has now prescribed detailed guidelines for execution of BG/LUT with Regional Authorities for filing application under DEPB scheme and Incentive schemes of Chapter 3 of FTP without the requirement of Bank Realisation Certificate.

The HOP has been suitably amended.

DGFT Policy Circular No. 76 (RE-2008)/2004-2009 Dated: March 30, 2009

and

DGFT Public Notice No. 167 (RE-2008)/2004-09, Dated: March 30, 2009