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of <h1>DGFT Clarifies Deemed Export Benefits, Value Addition for Advance Authorisations; Refer to FTP Paragraphs 4.1.11, 8.3, 8.4.1.</h1> The circular from the Directorate General of Foreign Trade clarifies deemed export benefits and value addition requirements. For supplies against an Invalidation Letter or Advance Release Order (ARO), suppliers can avail of Advance Authorisation for Intermediate supplies and TED refund, or deemed export duty drawback, respectively. It emphasizes reading Paragraph 4.1.11 of the FTP with Paragraphs 8.3 and 8.4.1. Regarding value addition on clubbing Advance Authorisations, the circular specifies using the prescribed minimum value addition from the FTP, with a weighted average based on CIF values for authorisations with different value addition norms.
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