DEPB License
Request a QuoteWe offer a different technique for delivering the consignments. Whenever the exporters do not desire to go through the licensing route, they can choose another option of DEPB License (Duty Entitlement Pass Book) facility. This facility is provided to neutralize the incidence of Customs duty on the import content of the export product. The neutralization shall be provided by way of grant of duty credit against the export product. Through this service, an exporter may apply for credit, as a specified percentage of FOB value of exports, made in freely convertible currency. The credit against export products are forwarded by the Director General of Foreign Trade through public notice issued for import of raw materials, intermediates, components, parts, packaging material etc. The certificate holder have the option to pay additional customs duty, if any, in cash as well. On the behalf of pre notified entitlement rates, which will allow them to import input duty free all the exporters are granted duty credits.