ADVANCE AUTHORISATION (LICENSE)

JOGINDER EXIM ENTERPRISES

ADVANCE AUTHORISATION (LICENSE)

  • An Advance Authorization is issued to allow duty free import of inputs, which are physically incorporated in the export product (making normal allowance for wastage) subject to actual user condition. Such Authorizations are exempted from payment of basic customs duty, additional customs duty, anti dumping duty and safeguard duty, if any
  • Advance Authorization can also be issued for supplies with in India that are categorized as Deemed Exports. Purposes like supplies to Mega Power Projects, Projects funded by WB/ADB/JBIC etc, EOUs etc.
  • Advance Authorizations are issued with an obligation to export the quantity and value of goods mentioned therein in a fixed period of 18 months. Before imports customs ask for a bond or a bank guarantee towards security for duty saved, till export obligation is fulfilled.
  • Advance Authorizations or materials imported against it can-not be transferred even after completion of Export Obligation.
  • Advance Authorisations are also available for Annual requirement under SION as well as on SELF-DECLARATION basis.

 

JOGINDER EXIM ENTERPRISES

ABOUT US

ADDRESS :-

House No. 173, Street No. 5, Block-D,

Sangam Vihar, New Delhi-110080, India

REGD. OFFICE :-

19/583, DDA Flat, Kalka Ji. New Delhi –110019

BRANCH OFFICE:-

Near Comunity Center, Kotla Mubarakpur,  South Extn.-1 New Delhi, India