A Volumetric Production Payment (VPP) is a type of structured investment that involves the owner of an oil or gas interest selling or borrowing money against a specific volume of production associated with that field or property.

How do I track my VPP?

How to Check VPP Tracking Status. It’s very Simple for you to know your VPP Tracking status through our online tracker system. All you need is VPP tracking number. Enter VPP Tracking number in below online tracker system and click track button to track and trace your delivery status information instantly.

What is VPP parcel?

Registered value payable post parcel is a type of mail in india post. You can send article through this mail and department of posts will deliver and collect money payable for that article from the receiver of the article and then the collected money is sent to you via electronic money order. Sandeep Sinha.

What is the limit of VP article through postman?

DELIVERY OF VP ARTICLE Article of payable value upto Rs. 500/- will be delivered at the address. Article of payable value exceeding that will have to be collected from the window, on getting the intimation. For article of payable value of Rs.

What CBI means?

CBI — Central Bureau of Intelligence. CBI — Compensation and Benefits Instructions. CBI — Criminal Bureau of Investigation. CBI — Certified Bridge Inspector. CBI — California Bureau of Investigation.

What is VIP short for?

VIP (or V.I.P.) is an abbreviation of very important person. VIP is an informal way to refer to someone who is notable in some way and is given special treatment in a particular setting. It is also used to describe things involving special access for such people, as in phrases like VIP treatment or VIP pass.

How does value payable post work?

The value payable system is designed to meet the requirements of persons who wish to pay for articles sent to them at the time of receipt of the articles or of the bills or railway receipts relating to them, and also to meet the requirements of traders and others who wish to recover, through the agency of the Post …

How can I track a courier?

Track your shipment with the help of a unique DTDC AWB No. allotted to your package. To check courier status, just type in your reference number and find out where your package has reached. With DTDC, courier tracking becomes as easy it can get.

How do I send a parcel through the post office?

For example, if u want to post a letter then here are the steps you need to follow:

1. Step 1: Buy an envelope from the post office and inserting the letter inside the envelope, paste it and write ‘speed post’ at the top.
2. Step 2: Mention the receiver’s name, postal address and phone number on the left side of the envelope.

How does value payable post in India work?

Then a postman delivers the VPP package to Mark and collects 5% extra from him for VPP charges. So Mark has to pay 525 rupees to the postman. In that way, a Postal Department takes this 5% of a given price as a charge for transferring money from Mark to John. Finally, John gets his 500 rupees.

How does a value payable post ( VPP ) work?

Mark doesn’t want to pay up front so he asks John to send a VPP for 500 rupees. John goes to the post office, fills VPP form, clearly mentions those details on the letter including VPP value (i.e, 500 rupees). John pays for the postage and takes the receipt. John has to make sure that the packing is firm and solid.

Where can I send value payable postal articles?

Post Office from and to which Value Payable Articles may be sent: Value payable postal articles can be posted at any post office that is a money order office (with a few exceptions) for transmission to any other post office that is a money order office.

Can a value payable post be refunded?

Any fee so paid shall in no circumstances be refunded. (2) When a value payable Postal article is returned to the sender under sub clause (1) the sender will be required to pay any charges that may be due on it and to acknowledge receipt of the article by signing the form presented by the postman.