DEPB Value Cap of $2.85 per kg to Apply on All Processed Fish (Heading 0305) and not Just “Dried Fish”

[DGFT Public Notice No. 63 dated 13th May 2010]

In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2009-14, Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol. I):

1. In Appendix 37A, the following Note is added against the VKGUY entry No. 6 of Table 1A, and entry No. 18 of Table 2.

“For the purpose of claiming VKGUY benefit, the admissible FOB value for export products covered by ITC HS Code ‘0305’ (falling under this VKGUY entry) shall be the same as admissible in terms of the Public Notice No. 56/2009-14 dated 20.04.2010”

This issues in Public interest.