Validity period of depb licenses
Anthony Mathias
(Querist) 07 November 2014
This query is : Resolved
What is the validity period of a DEPB license from the date of its issue. The 2004 to 2005 Policy at Para 4.33 stated that the validity of the license shall be 24 months.
In the Policy for the year 2005-2006 it stated that the validity "The validity period of DEPB for import shall be as prescribed in the Handbook (Vol.1)."
The HBP vol 1 at para 4.50 states No revalidation shall be granted beyond the original period of validity of DEPB unless it expires in the custody of the Licencing/ Customs Authorities as per the provisions under para 2.13 of the Handbook.
This statement has continued in the policy for 2009-2014 where Para 4.3.3 of FTP states Validity period of DEPB for import shall be as prescribed in HBP v1.
Para 4.50 of HPB Vol 1 states "No revalidation shall be granted beyond original period of
validity of DEPB unless it expires in custody of Regional /Customs Authorities as per paragraph 2.13 of HBP v1.
How do you determine what is the original period of validity.
R.K Nanda
(Expert) 07 November 2014
Repeated query.
Rajendra K Goyal
(Expert) 07 November 2014
Repeated query:
http://www.lawyersclubindia.com/experts/Validity-period-of-depb-licenses--506151.asp#.VFyze_mUen2
ajay sethi
(Expert) 07 November 2014
repeated query
