DEPB

1061 views 2 replies

"

As normally we pass the entry of DEPB/Advance licence in the books of account when it has been admitted and issued by JDFT. Either U may adjust with your import or U can sale it.

Debit DEPB/Advance Licence Receivable

Credit Export Incentive.

When U sale it

Debit Party A/c

Credit Receivable A/c"

that means credit export incentive treated as income?

 

Replies (2)

Yes as it is Trading reciept , hence credited to  P.E.L A/c and taxable in the year of reciept under the head PBGP. thanks

Yes as it is Trading reciept ,credited to  [URL=https://www.nycescortasian.com]nyc asian escort[/URL]  P.E.L A/c and taxable in the year of reciept under the head PBGP. thanks es as it is Trading reciept , hence credited to  P.E.L A/c and taxable in the year of  [URL=https://www.nycescortasian.com]nyc asian escort[/URL] reciept under the head PBGP. thanks Y [URL=https://www.nycescortasian.com]nyc asian escort[/URL] es as it is Trading reciept , hence credited to  P.E.L A/c  [URL=https://www.nycescortasian.com]nyc asian escort[/URL] and taxable in the year of reciept under the head PBGP. thanks

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