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 needed for manufacturing export products. In other words, businesses can import these materials at zero...
Exporters and importers have always demanded regular updates to stay informed about what’s happening in their industry. They want to know about new notifications and how they will impact their businesses. They seek to understand the benefits and risks and the compliance steps they should take to make informed decisions. Keeping this demand in mind,...
Exporters and importers have always demanded regular updates to stay informed about the current state of the industry, including new notifications and their potential impact on their businesses. They want to know the benefits and drawbacks of certain decisions and what compliance steps they should take. Having this information regularly will enable them to make...
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 true and the government has opened a special one-time window for this. This amnesty scheme...
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 their advance license or EPCG at JNPT port, this blog is very important for them.And...
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