We Are Here To Enrich Your Business !!

Tag: Advance licence EODC consultants

Advance Authorisation – Self Ratification Scheme

Introduction If you are keen to obtain a crystal clear understanding of the Self Ratification Scheme, then you can refer to Para 4.07A of Foreign Trade Policy (2015-2020). Any person can easily get all the nitty-gritty of the scheme through the FTP. What is the Self Ratification Scheme all...

Clubbing of Advance Licenses

Introduction By the term clubbing, you must have received an idea of what are we going to talk about today. Ladies and gentlemen we are going to spill the beans on the process of clubbing of the Advance Licenses. According to the data of the Directorate Foreign of General...

Revalidation of Advance License from DGFT

Revalidation of Advance License from DGFT What is an Advance License? An Advance License is a license that is sanctioned by the Directorate General of Foreign Trade (DGFT) to the exporter so that the licence holder can import raw material / components under duty exemption. The Advance License enables...

Export Obligation Period Extension of the Advance License

About Advance License Advance License enables the duty free import of inputs for manufacturing of export product. These inputs are physically included in the export. Besides all this, there are a few other materials such as fuel, oil, catalyst that are put to use to acquire the export product...

Procedure to Close Advance License

Procedure to Close Advance License About Advance License Scheme The Advance License Scheme was established by the government of India as a part of the Foreign Trade Policy to offer inputs and duty-free materials that are required to manufacture the export products. The government has previously launched various schemes...

Advance Authorisation Scheme and its Benefits in India.

Advance Authorisation Scheme and its Benefits in India. Import and Export is a wealthy field of business and if done right can make you millions, but it does have its drawbacks. The biggest setback is the rules/fees/authorizations, since you are doing business with another country, the Indian government has...