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Customs - Highlights / Catch Notes

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Export promotion schemes - forge/fake DEPB licences/scrips - ...


Forged DEPB Licenses Block Exemption Benefits Transfer; Valid Transfer Required for Benefits Under Any Policy or Provision.

November 19, 2022

Case Laws     Customs     AT

Export promotion schemes - forge/fake DEPB licences/scrips - There is no provision to transfer the benefit of any exemption either under the policy or any notification or any provision of the law. The licences and scrips are transferable and if they are transferred, the transferee consequently gets the benefit of the exemption notification. Without transferring the licence/scrip, the benefit of exemption cannot be transferred - AT

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