What is the validity of depb license?

Validity of d.e.p.b. Import licence is in anyway 24 months from the date of issue of the depb.

I.e., if the date of issue of depb licence is : 14-07-2010, the depb licence will expire on date: 13-07-2010. But as per the policy annonced, this d.e.p.b. Licence will expire actually on dt : 31-07-2010.

In other Words, any depb licence will expire on the end of the month in which the depb is issued - after 24 months.

If the depb issued date is : 30-07-2010, automatically, the depb will expire on 31-07-2010.

No extension will be allowed after this period.

The holders have to use the depb within this period, or they have to sell the depb before this period.