Post Export DEPB Benefits

This query is : Resolved

M S R KRISHNA (Querist)
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25 July 2010 Can you please clarify for the following:

Suppose, If "A" procures goods from "B" under CT-1 for export, can "A" elegible to get DEPB post export benefits.

NILESH MANDOLE, MBA (Fin),CS

NILESH MANDOLE, MBA (Fin),CS (Expert)
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26 July 2010 I think yes He can claim DEPB benefit, as the export made against his IEC and DEPB benefit is only available for exporter not for supporting manufacturer.

CA Sanat Pyne

CA Sanat Pyne (Expert)
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26 July 2010 If in the shipping bill depb benifit is mentioned, then only he can claim for depb benifit.

NILESH MANDOLE, MBA (Fin),CS

NILESH MANDOLE, MBA (Fin),CS (Expert)
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26 July 2010 At first you have to mention "Export under DEPB" in you export Invoice then only it will appear on Shipping Bill, so "A" should mention same in his Invoice.