Advance license

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seshadev sahoo (Querist)
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12 December 2011 Dear Sir,
Can we utilise Advance license against duty paid materials in rebate claim & the completion of Advance license with out any import in Advance licence.

Thanks & Regards,

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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12 December 2011 An Advance Authorisation is issued to allow duty free 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/utilised in the course of their use to obtain the export product, may also be allowed under the scheme.
Duty free import of mandatory spares upto 10% of the CIF value of the Authorisation which are required to be exported/ supplied with the resultant product may also be allowed under Advance Authorisation.
Advance Authorisations are issued on the basis of the inputs and export items given under SION. However, they can also be issued on the basis of Adhoc norms or self declared norms. Advance Authorisation can be issued either to a manufacturer exporter or merchant exporter tied to supporting manufacturer(s):
i) for Physical exports (including exports to SEZ); and/ or
ii) for Intermediate supplies; and /or
iii) to the main contractor for supply of goods to the categories mentioned in paragraph 8.2 (b), (c), (d), (e), (f), (g), (i) and
(iv) of the Foreign Trade Policy;
for import of inputs required in the manufacture of goods. In addition, in respect of supply of goods to specified projects mentioned in paragraph 8.2 (d), (e), (f), (g) and (j) of the Policy, an Advance Authorisation can also be availed by the sub-contractor of the main contractor to such project provided the name of the sub contractor(s) appears in the main contract.
An advance licence is granted for the import of inputs without payment of basic customs duty, Additional custom duty, education cess, anti dumping duty, and safeguard duty, and material imported there under will be with actual user condition. It will not be transferable.

seshadev sahoo

seshadev sahoo (Querist)
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19 March 2012 Sir, Can a Manufacturer/ Exporter Export material out of exempted material which purchased from exempted unit or non-excisable unit with / with out any declaration at the time of purchase. If possible then which notifn. is applicable or what will be the procedure for it.

Please help me.

Thanks,

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