7.32 The Policy relating to Duty Entitlement Passbook Scheme (DEPB) Scheme is given in chapter 7 of the Policy. The duty credit under the scheme shall be calculated by taking into account the deemed import content of the said export product as per SION and the basic custom duty and surcharge thereof payable on such deemed imports. The value addition achieved by export of such product shall also be taken into account while determining the rate of duty credit under the scheme.