Introduction to Advance Authorisation: Advance Authorisation is a trade facilitation scheme that encourages and supports exports by allowing businesses to import raw materials and components without paying customs duties. This scheme is an initiative of the government to promote and...
The Advance Authorisation Scheme (AAS) or Advance License Scheme is a special program created by the Government of India as part of the Foreign Trade Policy 2015-2020. This scheme offers an exemption from import duties on raw materials and inputs...
If you remember, a video was released on our channel on 7 February 2023, stating that the government is going to bring an amnesty scheme in the new foreign trade policy. And on March 31, 2023, it proved to be...
In this blog, we will discuss the important public notice issued by JNPT Port. These notices are related to Duty Drawback, IGST Refund, Advance License and EPCG. So for those who have ever exported from JNPT port or have registered...
COMPLIANCE TO BE FOLLOWED AFTER TAKING AN ADVANCE LICENSE In this blog, we will cover a very important topic which is mostly ignored & overlooked by many of the exporters i.e. what are the compliances to be followed after taking...
