Customs and Excise

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Prathamesh

Prathamesh (Querist)
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29 December 2009 what is DUTY CREDIT SCRIP?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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30 December 2009 DEAR Prathamesh,

I WANTED TO INFORM YOU THAT GOVT. OF INDIA, MINISTRY OF COMMERCE , PROVIDES THE EXPORT PROMOTION SCHEME FOR THE INDIAN EXPORTER .
WHEN THE EXPORTER EXPORTS, THE DEPB SCRIP LICENCE , AFTER SUBMIT THE SHIPPING BILL , BANK CERTIFICATE OF EXPORT AND REALISATION SUBMIT IN CONCRNED DGFT, THEN THE DGFT ISSUANCE THE DEPB LICENCE , AND RECEIVED A PRESCRIBED FEE. AND THERE ARE MANDATORY DIGITAL SIGNATURE OF EXPORTER UNITS.

THIS /LICENCE SCRIP CAN BE TRANSFERABLE OR NON TRANSFERABLE AS PER F.T.P.(2009-2014)
IF IT IS TRANSFERABLE THEN CAN BE SOLD IF AMOUNT REALISED BY BUYER .
IF NOT REALISED THE PAYMENT IT CAN NOT TRANSFERABLE :- THE IMPORTER CAN DO IMPORT .
& IN THE ERA OF RECESSION DGFT, NEW DEHI AND GOVT. OF INDIA, HAS EXTEND VARIOUS EXPORTED ITEMS AND SO THAT INDIAN EXPORTER MAY AID THE MORE TO MORE BENEFIT.
VKGUY , LICENCE HAS BEEN ISSUED AND IT CALLED DUTY CREDIT SCRIP.

SERVE FROM INDIA SCRIP/ LICENCE ALSO IS AVAILABLE FOR THE HOTEL SECTOR WHOSE TURNOVER IS 10 LAKHS OF THE CURRENT YEAR.
AND SERVICE PROVIDERS 5 LAKHS TURNOVER IS MUST OF CURRENT YEAR .
THEN THE BENEFIT IS GIVEN ON 10% OF TOTAL TURNOVER.TO SERVICE PROVIDER .
VKGUY LICENCE /SCRIP, FOCUS MARKETAND FOCUS PRODUCT SCHEME ALSO AVAILABLE IN INDIA.
VARIOUS SCRIP CAN BE ASK U , PLEASE GIVE ME YOUR EMAIL ..
RAMESH

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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30 December 2009 Prathamesh,
U CAN ASK ME ANY QUERIES ALSO IN FUTURE.

RAMESH

Prathamesh

Prathamesh (Querist)
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31 December 2009 Thank u Sir.

my mail id is pratham_cs11@live.in