banner_ad

Cha holding depb license

1205 views 2 replies

Dear All,

Our company is Customs House Agent (CHA), we got D.E.P.B license from a debtor for settlement of debts, saying as we have to sold the D.E.P.B license and settle his debit balance. our debtor also send the letter of Transfer of D.E.P.B license on our company name having authorized by him and his banker.

Here the Issue is can we (being CHA) hold the D.E.P.B license is there any legal effect. may be after some time we will sell the D.E.P.B license when we got the Purchaser. Untill then can we hold the D.E.P.B license as an asset in our books of accounts.

Another one after holding it and when we sell the same to buyer at that time we need to draft a transfer letter on behalf of Buyer regarding the D.E.P.B license (infact we received the letter of transfer from our debtor), in that transfer letter to buyer is it mandatory to get authorised by our bank. If it is mandatory how can the bank do so as the D.E.P.B license will be in our books of accounts as similar to an asset.

Friends pls help me in this issue.

Replies (2)

MR. VENKAT,IF YOU WANT TO AVAOID ACCOUNTING ENTRIES, OPEN A COMPANY AND YOU DOES NOT NEED TO ANY ACCOUNTING TO GOVERNMENT.

You can do this, can you tell me the value of license and from which state you do your business., there are two-three more questions before having the final answer.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details