Saturday, June 18, 2011

DEPB Scheme Extended till 30.09.2011 Public Notice issued

Finally the Government have extended DEPB for 3 months  and official Public notice issued for the same.Please refer to below Public Notice issued on dated 17.06.2011.


PUBLIC NOTICE  NO.    54 (RE-2010) /2009-2014

NEW DELHI DATED THE    17th   June, 2011

                     

1.   In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes an amendment in Paragraph of 1.1 of the Handbook of Procedures, v1 (RE 2010).

 2.   The concluding phrase of Para 1.1 of HBP v1 reads "……except DEPB Scheme, which shall continue to be operative till 30th June, 2011".  Government has now decided that the DEPB Scheme would continue to remain operative for another 3 months, i.e. till 30.9.2011.  Accordingly, the words "till 30th June, 2011" would get replaced with the worlds "till 30th September, 2011".

 3.   The amended para 1.1 of the Handbook of Procedures, v1 would now read as under:

 1.1  "In pursuance of the provisions of paragraph 2.4 of FTP, the Director General of Foreign Trade (DGFT) hereby notifies the compilation known as HBP v.1, HBP v.2 and Schedule of DEPB rates.  These compilations, as amended from time to time, shall remain in force until 31st March, 2014, except DEPB Scheme which shall continue to be operative till 30th September, 2011."

 4.   Effect of the Public Notice:

      DEPB Scheme gets an extension of 3 months from 30.6.2011 to 30.9.2011.

 Sd/-

( Anup K. Pujari)

Director General of Foreign Trade


 

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