09 November 2011
Hi anyone can help me to know the proceduer to obtain Advance Licence for Export as we have membership with EEPC, how to proceed and where to apply, what are formalities. Please take it as urgent. Regards,
An Advance Licence is issued under Duty Exemption Scheme to allow import of inputs which are physically incorporated in the export product (making normal allowance for wastage). In addition, fuel, oil, energy, catalysts etc. which are consumed in the course of their use to obtain the export product, may also be allowed under the scheme. Advance Licence can be issued for:-
For physical exports, Advance Licence can also be issued on the basis of annual requirement in respect of export products for which SIONs have been notified. Duty Remission Scheme consists of
The scheme allows drawback of import charges on inputs used in the export product (making normal allowance for the wastage). In general units primarily engaged in production of domestic market can also get required inputs free of duty for executing an export order under the duty exemption scheme for which they are required to execute a bond with customs authorities and are required to fulfill the export obligation.
please noted that for applying above said licence GO TO DGFT WEBSITE PUT IN DIGITAL KEY THEY PROVIDE YOU PASSWORD AND AFTER OPEN THE WEBSITE IT OPTION IS AVAILABLE FOR ISSUANCE THE ADVANCE LICENCE .
14 November 2011
Dear Rameshji, Could you please apprise about the application fees for Advance License. Also I want to know about :-
I want to buy material (suppose copper plate) from Indian manufacturer and hand over the same to another manufacturer for job work. Now after job work can I export the material directly from the place of job worker and if the job worker is not within my state then to which excise or customs authority to be intimated for export. Can the finished goods be allowed for factory stuffing from the job worker's factory. It can be think in this way :
Copper plate from Tuticorin - Job work at Vapi. (I am trader registered in Mumbai)
14 November 2011
the Advance Licence holder can send the duty-free materials imported for job work for being converted into another product and then sell the converted finished product, thereby fulfilling the condition of the Notification. In other words, the Merchant Exporter, if he sends the imported goods for job working in his own account, and does not lose title over the property in the goods, he can be said to have satisfied the condition of the Notification.
Upon such endorsement made by RA, authorisation holder and co- authorisation holder shall jointly and severally be liable for completion of EO. Any one of co-authorisation holders may import goods in his name or in joint names. BG/LUT shall also be furnished in their joint names as per PARA 4.16 of handbbok of procedures vol-1(2009-2014)
please read:
However if authorisation holder is registered with Central Excise, he has an option of getting names of jobber endorsed by Central Excise as per Central Excise Rules in lieu of RA’s endorsement. In case manufacturer exporter holding authorisation is not registered / not required to be registered with Central Excise authority, job work may be allowed as per Central Excise Rules and regulations without insisting for endorsement of supporting manufacturer’s name. However, authorisation holder shall be solely responsible for imported items and fulfillment of EO.