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What is Duty free Entitlement?

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(Querist)
04 February 2008 Dear all
Can any one tell me, What is duty free entitlement?
and how do we account in the books of account

Regards
Ravikumar r c

ravikumarrc@gmail.com
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
04 February 2008 Are you referring to duty-free credit entitlement certificate (DFCEC)? Please clarify
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Ravikumar R C

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Ravikumar R C (Querist)
04 February 2008 i don't know anythig about certificate, but it a benifit given by the company to the export/importer.
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