My name is sonu kumar, i working as a Accounts Manager in Faridabad, i know that import process with excise unit ,but, i want to know that, what is the advance licence for export and import , and who is applicable for advance licence,,and what is export process for excise-able goods.,what is the use of duty drawback how can i get it. please suggest me asap, we will highly appreciated. 9212930197.
15 September 2017
Advance License is granted for duty free import of inputs including consumables , energy which are physically incorporated and consumed in the manufacture of product meant for export. Manufacturere exporter and mercant exporter tied with manufcaturer exporter are eligible for advance licence.
Duty drawback scheme is administered by customs authorities and it is eligible on the products indicated in the All India Duty Drawback list announced by ministry of finance , Govt of India. After export the duty drawback is reimbursed by customs.
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