DEPB information
This query is : Resolved
06 December 2008
Can eny one please suggest in simple term what is mean by DEPB in export sence ?????
& what is procedure of receveing DEPB lisence Customs
& what is procedure of receveing DEPB lisence Customs
06 December 2008
DEPB means Duty Entitlement Pass Book,
1) firstly u have to export under this scheme, i.e. at the time of filling shipping bill u have to metion in the invoice (which u file at customs).
2) once your export is over, after getting shipping bills from customs, u have to submit EP COPY, DEPB COPY AND BRC along with DEPB application at you respected DGFT. If everything goes right u will received the DEPB licence.
I didn't understand what is "receveing DEPB lisence Customs".
regards
K.RAVI
1) firstly u have to export under this scheme, i.e. at the time of filling shipping bill u have to metion in the invoice (which u file at customs).
2) once your export is over, after getting shipping bills from customs, u have to submit EP COPY, DEPB COPY AND BRC along with DEPB application at you respected DGFT. If everything goes right u will received the DEPB licence.
I didn't understand what is "receveing DEPB lisence Customs".
regards
K.RAVI
10 December 2008
Thanks Ravi for your suggetion,
I am heard that DEPB lisence is trafarable
if Yes , then Can you also suggest what is the procedure of tranfering DEPB lisence from one co. to another
I am heard that DEPB lisence is trafarable
if Yes , then Can you also suggest what is the procedure of tranfering DEPB lisence from one co. to another
Rajesh Kumar
(Expert)
01 February 2009
DEPB license is transferrable. It can be transferred like any goods. The procure for transfer is endorsement on the license.There are many persons who deals in DEPB licenses. You can easily sell your licenses through them.
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