It allows exporters to import inputs duty-free for production of export goods.
Registered exporters, rather manufacturer-exporters, are eligible
Raw materials and components necessary for export products can be imported.
It is valid for 12 months from the date of issue
Yes, it can be transferred to another party under the certain conditions.
Advance Authorisation requires a minimum value addition of 15%.
The input-output norms indicate the amount inputs required to produce specific exports.
You need a copy of IEC, export details and input-output norms documentation.
Yes, you can apply for multiple Advance Authorisations for different products.
Advance Authorisation is an important scheme that will increase the growth of Indian exporters by reducing the financial burden on exporters. By knowing the detailed characteristics, eligibility criteria, and application process, companies can use this opportunity to improve their competitive edge in international business.
