Advance Authorisation (licence)
  • Advance Authorisation Scheme enables duty free import of inputs which are physically incorporated in the export product like raw material, consumables, packing material, components and includes fuel, energy, catalysts etc as well as spares upto 10% of CIF value.  
  • The exporter must undertake through a Bond or a Bank Guarantee to achieve positive value addition by exporting declared export products which have actually used the inputs imported under the duty savings scheme. 
  • 100% exemption is available on basic customs duty, additional customs duty, education cess etc. against which he must complete the export obligation in terms of quantity of exports as well as value by earning freely convertible foreign currency.
Corporate Legal Support India Entry Services Foreign Trade Advisory Foreign Direct Investment