Dear all i need information regard advance license opening & closing what is the processor n documentations
Teja Gowda Cp (4 Points)
27 January 2016Dear all i need information regard advance license opening & closing what is the processor n documentations
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 28 January 2016
Dr.RAMAKRISHNA. C
(Associate Director)
(2000 Points)
Replied 15 September 2016
Application for grant of Advance Authorisation as well as its redemption must be made as per Chapter -4 of Foreign Trade Policy 2015-20 and Hand Book of Procedures of FTP 2015-20. The application form for grant of Advance Authorisation is ANF-4A. The applciation for redemption of export obligation ( Closure) is ANF 4F which must be supported by certificate from Chartered Accountant and consumption of raw materials allowed for import under the Authorization in Appenedix 4H. In addition Registration cum Memebership Certificate (RCMC) relating to product under export is required to be obtain. Above all no import and export shall be permitted without Importer - Exporter Code (IEC). The applciation for grant of Advance Authorization must be filed only online through Digital Signature. The applicatin fee is 0.5% of CIF value of imports.
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