22nd January, 2003
Ministry of Commerce & Industry  


DGFT ALLOWS INCIDENCE OF SAD FOR DEPB RATES - PRESS NOTE


The Directorate General of Foreign Trade (DGFT) has issued Public Notice allowing incidence of special additional duty (SAD) on the inputs to be taken into account for calculation of DEPB (Duty Entitlement Pass Book) rates. The revised DEPB rates shall be notified shortly and shall cover the shipments where the date of order of "Let exports" is on or after 1/4/2002. This will benefit the exporters exporting under DEPB Scheme.