Treatment of DEPB

Please tell me answers of these questions with reference of sections & case Laws.

 

What is FOB value for DEPB

Whether FOB value includes freight upto custom station for DEPB caculation.

Whether excise duty paid on export sale is included in FOB for DEPB caculation.

Replies (2)

1)FOB value of exports

2) No

3)How will there be excise on exports?

For claiming DEPB the actual FOB realised is tanken into account. i.e. after deducting your freights, insurance and bank charges etc.

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