DGFT amends DEP rates

By Vijay Kumar

DGFT has amended DEPB rates to fix 9% rate with a value cap of Rs.95/- for Forged Crank Shaft made of Alloy Steel and 9% rate with a value cap of Rs.73/- for Front Axle Beam Forging made of Alloy Steel

DGFT PN 77 (RE-2005)/2004-2009, Dated: December 26, 2005

A lawyer starts by giving Rs. 500 worth of law for Rs.5 and ends giving Rs.5 worth for Rs. 5000.