DEPB Benefits made available till September 30, 2011 - Customs Notification amended
IN 20.06.2011 we reported that DEPB scheme was extended till September 30, 2011 by the DGFT by amending Para 1.1 of HBP (Vol.I) of the FTP.
A corresponding amendment is now made in Customs Notification No. 97/2009-Cus dated September 11, 2009 to notify this extension by substituting para 2 of this notification. The substituted para 2 reads as follows:
“2. This notification shall be valid in respect of the Duty Entitlement Pass Book Scrips issued by the Licensing Authority against exports having Let Export Order up to and inclusive of the 30th day of September, 2011.”
Further an ‘explanation' is inserted at the end of this notification to explain the meaning of ‘Let Export Order' and it reads as follows:
“(v) “Let Export Order” means an order which permits clearance and loading of the goods for exportation by the proper officer in accordance with section 51 of the said Customs Act.”
NOTIFICATION NO. , Dated: June 22, 2011