Export Obligation Period The Export Obligation Period (EOP) is the time limit given to exporters to fulfil their export commitments under the Advance Authorisation Scheme after importing inputs duty-free. This period plays a critical role in ensuring compliance, as exporters...
What is Clubbing of Advance Authorisation Licenses? As you all know, the Advance Authorisation Licenses need to be closed once they have served their purpose. In usual cases, you apply for End of Duty Credit (EODC) or Redemption separately for...
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...