A Duty-Free Import Scheme provides duty-free import of inputs that are physically included in export products (making normal allowance for wastage). Furthermore, fuel, oil, energy, and catalysts consumed or used to obtain export product are permitted.
Duty-free imports of inputs that are physically incorporated in an export product are permitted under the Advance Authorisation Scheme. In addition to any inputs, packing materials, fuel, oil, and catalyst that are consumed or used in the production of export products are permitted.
No, even after the holder has completed the Export Obligation, the Advance License is not transferrable. This means that even when the Export Obligation is fulfilled, raw materials cannot be moved.
An exporter must have had export performance for at least the previous two financial years to be qualified for the Advance Authorisation yearly requirement. The FOB value of the realised export should be greater than 15% of the CIF value of the scheme-covered input.
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
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Ajay Kumar
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I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Fazlurrahman Khan
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Atul Marathe
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Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
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Radha Rani Birla
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Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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Radha Rani Birla
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Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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