WHAT IS MEANIN OF DEPB LICENCE UNDER IMPORT & EXPORT

Answer Posted / mohd abul qader

Duty Entitlement Pass Book in short it is an export
incentive scheme, the DEPB Scheme consisted of (a) Post-
export DEPB and (b) Pre-export DEPB. The pre-export DEPB
scheme was abolished w.e.f. 1/4/2000. Under the post-export
DEPB, which is issued after exports, the exporter is given
a duty entitlement Pass Book at a pre-determined credit on
the FOB value.

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