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Sunday, June 12, 2011

DEPB

DEPB


Delhi : The finance ministry has given a three-month extension to the popular export incentive scheme , the Duty Entitlement Passbook or DEPB, offering solace.

Commerce Ministry has asked exporters to 'keep their fingers crossed' on their demand for extension of the DEPB, a tax neutralisation scheme on exports, beyond.

NEW DELHI: Rejecting exporters' repeated pleas, the Finance Ministry today said the popular DEPB tax rebate scheme will come to an end from June 30, saving revenue for the government. “All exports will be zero-rated after Duty ...


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