NO, GST is not applicable on sale/purchase of RoDTEP/RoSCTL License/Scrip.

The Documents required in buying/selling process are:

• License Copy
• Tax Invoice
• Transfer Letter
• E-BRC’s
• Custom Ledger Copy

The Transfer of RoDTEP/RoSCTL License/Scrip is done online on the Icegate Website. It can be done with the help of OTP which goes on the registered email ID/Mobile Number of the License holder.

The buy/sale rate of scrips is decided as per the supply/demand of those scrips in the market.

Please find below the complete procedure:

• Exporters will share the Scrip details with EBRC Status.
• Bindal Agencies will verify the genuineness of the scrips and quote the best selling rate on mail.
• Post confirmation of rate, Exporter will share Complete set of Documents for payment Process :

1.  Bill of Supply 
2. GST copy
3. Cancelled cheque
4. Transfer letter with bank attestation
5. Undertaking
6. EBRC Excel sheet
7. EBRC Copies

• Payment as per the agreed rate will be made the same day to Client’s A/c and exporter will transfer the scrip to Bindal Agencies ICEGATE ID
• Exporter will courier the hard copies of above 7 documents which they have shared at the time of payment process to Bindal Agencies.
• Process Complete.

• Importers will share the required License value.
• Bindal Agencies will source verified genuine licenses from our Exporter base and quote the best rate on mail.
• Post confirmation of rate, Bindal Agencies will share the license details, transfer letter from exporter, Retransfer letter from Bindal Agencies, Undertaking from exporter, EBRC Statement from exporter.
• Transfer of agreed Licenses will be done on the same day online to Importer ICEGATE ID once payment received.
• Bindal will courier the hard copies of complete set of documents to Importer Address.
• Process Completed.