Exporters and importers have always demanded that we should receive regular updates about what is happening in our industry. We need to know what’s currently going on, the new notifications, and how they will impact us. We want to understand the advantages and disadvantages, as well as the necessary compliance steps we should take. We...
In this blog, we will be discussing the Export Obligation Period (EOP) or Export Obligation [EO] Extension under the EPCG Scheme. The need for an EOP extension arises when you are unable to fulfill your export obligation within the given time frame of 6 or 8 years. Especially due to the impact of COVID [Corona...
Exporters and importers have always demanded that we should receive regular updates about what is happening in our industry. We need to know what’s currently going on, the new notifications, and how they will impact us. We want to understand the advantages and disadvantages, as well as the necessary compliance steps we should take. We...
Exporters and importers have always demanded regular updates to stay informed about what’s happening in our industry. They want to know about new notifications and how they might impact us. We need to understand the advantages and disadvantages, as well as the compliance steps we should take. It’s crucial that we receive all this information...
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 boost the country’s exports while aiding industries in sourcing the necessary inputs. Under the Advance...
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