Advance authorization scheme

Advance authorization scheme

News: Recently, The Directorate General of Foreign Trade (DGFT) has implemented the Advance Authorisation Scheme under the Foreign Trade Policy.

What is Advance authorization scheme?
• Advance authorisation scheme is a scheme for the exporters that allows them to import raw materials and other inputs duty free (after making normal allowance of wastage) if they are physically incorporated in a product that is going to be exported.

Key Features:
• The scheme is available to manufacturer exporters or merchant exporters tied to supporting manufacturers.
• The scheme covers physical exports, intermediate supplies, deemed exports, and supply of stores on board of foreign going vessels/aircrafts.
• The scheme is based on standard input output norms (SION) that specify the quantity of inputs allowed for a given export product.
• The scheme involves an export obligation that requires the exporter to export the resultant product within a specified period (Valid for 12 months)
• The scheme exempts the imported inputs from duties like basic customs duty, additional customs duty, education cess, anti-dumping duty, safeguard duty, integrated tax, and compensation cess. 

DICS Branches

Our Branches

DICS Ahmedabad

Ahmedabad

(Head Office)

Address : 506, 3rd EYE THREE (III), Opp. Induben Khakhrawala, Girish Cold Drink Cross Road, CG Road, Navrangpura, Ahmedabad, 380009.


Mobile : 8469231587 / 9586028957

Telephone : 079-40098991

E-mail: dics.upsc@gmail.com

Gandhinagar

Address: A-306, The Landmark, Urjanagar-1, Opp. Spicy Street, Kudasan – Por Road, Kudasan, Gandhinagar – 382421


Mobile : 9723832444 / 9723932444

E-mail: dics.gnagar@gmail.com

DICS Vadodara

Vadodara

Address: 2nd Floor, 9 Shivali Society, L&T Circle, opp. Ratri Bazar, Karelibaugh, Vadodara, 390018


Mobile : 9725692037 / 9725692054

E-mail: dics.vadodara@gmail.com

DICS Surat

Surat

Address: 403, Raj Victoria, Opp. Pal Walkway, Near Galaxy Circle, Pal, Surat-394510


Mobile : 8401031583 / 8401031587

E-mail: dics.surat@gmail.com

DICS New Delhi

New Delhi

Address: 53/1, Upper Ground floor, Near Popular juice, Old Rajinder nagar, New Delhi -60


Mobile : 9104830862 / 9104830865

E-mail: dics.newdelhi@gmail.com