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Journal entries for depb licence

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(Querist)
29 November 2012 Dear users,

Am working as an accountant in an exporting firm. As the time of export some types of good as qualified for claiming DEPB license.
At the time of getting DEPB license from govt. what should be the journal entry
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
29 November 2012 read by this link

https://www.caclubindia.com/forum/advance-or-depb-licences-entry-32391.asp
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
29 November 2012 DEPB DR./AMOUNT

Credit Export Incentive / AMOUNT

(DEPB RECEIVED FROM dgft of amount)



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