What is DEPB (Duty Drawback Passbook Entitlement Scheme )?
Duty Entitlement Pass Book Scheme in short DEPB is an export incentive scheme. Notified on 1/4/1997, 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 Scheme at a pre-determined credit on the FOB value.
Related Questions
- Will the Pension Scheme Rules change as a result of Agenda for Change? Does Agenda for Change affect my entitlement to Mental Health Officer Status in the NHS Superannuation Scheme?
- Why do the changes done with any adjustment to the entitlement or scheme itself does not reflect in Leave Entitlement module or reports?
- Who can claim a DEPB Entitlement?