DGFT Clarifies Export Obligation Fulfillment Options for Advance Authorisation Holders per Customs Notifications No. 18/2015 & 21/2015.
The Directorate General of Foreign Trade (DGFT) has clarified the options available for fulfilling export obligations under Advance Authorisation (AA) as per Customs Notifications No. 18/2015 and 21/2015, both amended and dated 01.04.2015. AA holders can meet their obligations through physical exports or domestic supplies under specific provisions of the Foreign Trade Policy (FTP) 2015-2020. For authorisations issued after 10.01.2019, additional options include supplying goods to Export Oriented Units (EOU), Software Technology Parks (STP), Electronic Hardware Technology Parks (EHTP), Bio-Technology Parks (BTP), or supplying capital goods against EPCG authorisation under certain conditions.
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