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The schemes under Duty Credit Scheme:

What is Duty Entitlement Pass Book(DEPB)?

Though DEPB Scheme has been abolished / withdrawn w.e.f. 30.09.2011, i.e. the Last export under the DEPB scheme was allowed on 30.09.2011,the DEPB Entitlement can be claimed within a maximum period of 3 years from date of exports after being subject to value cuts (unless otherwise prohibited specifically).

Highlights of Duty Entitlement Pass Book(DEPB)

Under DEPB, the exporter will be eligible to claim duty credit at a specified percentage of FOB value of exports, made in freely convertible currency or payment made from foreign currency account of SEZ unit / SEZ developer in case of supply by DTA. 

Utilisation of Duty Entitlement Pass Book(DEPB)

DEPB and / or items imported against it are freely transferable. Credit may be utilized for payment of Customs Duty on freely importable items and / or restricted items.
DEPB Scrips can also be utilized for payment of duty against imports under EPCG Scheme. Further, DEPB Scrips can also be used / debited towards payment of Customs Duty in case of EO defaults for Authorizations issued under Chapters 4 and 5 of this Policy.

What you can expect from us

We offer help to the exporters in considering their chances of various Duty Credit Schemes for foreign or domestic tradings,highlighting their way of maximum profit,preparing applications, documentations,co-ordination with DGFT and its other offices untill the issuance of the DEPB .