![New Foreign Trade Policy [FTP] 2023](https://afleo.com/wp-content/uploads/2023/04/New-Foreign-Trade-Policy-FTP-2023-Important-Highlights-420x323.jpg)
In this blog we will understand the main highlights of the new Foreign Trade Policy [FTP] 2023. Union Minister Shri Piyush Goyal launched the New FTP 2023 on 31 March 2023. The last FTP came in 2015, and now this new FTP is coming almost after 8 years. The main thing about New FTP 2023...
![New Foreign Trade Policy [FTP] 2023](https://afleo.com/wp-content/uploads/2023/03/Icegate-AD-Code-Registration-Process-Step-by-Step-Guide-420x323.jpg)
Overview: All exporters and importers of goods in India must obtain the AD code as it is required for customs clearance. Importers and exporters need to register an AD code at every port from where the goods are cleared by customs. The authorized bank assigns an AD code to any importer or exporter who opens...
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 an Advance Authorisation/Licenses so that your Company does not attract any unwanted penalties from the...
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 an EPCG Authorization/Licenses so that the company does not attract any unwanted penalties from the Government department. Watch this short introductory video on...
APPLICATION TYPES UNDER ADVANCE AUTHORISATION SCHEME / TYPE OF NORMS Advance Authorisation Scheme (AAS) or Advance License Scheme is a type of duty exemption scheme introduced by the Government of India under the Foreign Trade Policy 2015-2020. Under this scheme, exemption from the payment of import duties is given to raw materials/inputs required for the...
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