New Delhi, Oct 16 (KNN)  The Department of Commerce has asked for information on the nature of problems faced by  member exporters in availing Advance Authorisation Scheme.

“Members are requested to kindly send their comments on the issues relating to the problems faced by them in availing of the scheme, such as delay in issue of licenses, fixing of SION as well as other related issues,” the notification said.

It has asked members to be specific in this respect and send their suggestions to eepcho@eepcindia.net; sgupta@eepcindia.net latest by October 25, 2015 so that the Department can prepare a detailed note and discuss with the Government. 

An Advance Authorization is issued to allow duty free import of inputs, which are physically incorporated in export product (making normal allowance for wastage). In addition, fuel, oil, energy, catalysts which are consumed / utilized to obtain export product, may also be allowed.

DGFT, by means of Public Notice, may exclude any product(s) from purview of Advance Authorization. Duty free import of mandatory spares up to 10 per cent of CIF value of Authorization which are required to be exported / supplied with resultant product are allowed under Advance Authorization.   (KNN Bureau)