Advance Authorisation

[P S SATYA NARAYANA]

Dear Sir,

Request your kind feedback on :

Raw material imported under Advance Authorisation Scheme is not meeting the quality parametere.  Can we return (re-export) this material to the buyer.  What are the ramification on EO obligation. Should we inform to the JDGFT (issuing Authority). Procedure to be followed.

thanking you

P S SATYANARAYANA

 

AI Summary

Returning Defective Imports Under Advance Authorisation: Re-Export Rules, CIF Credit, and DFIA Issuance Explained An individual inquired about returning defective raw materials imported under the Advance Authorisation Scheme and its implications on export obligations. A respondent explained that such goods could be re-exported, allowing 95% of the CIF value to be credited back, and a new DFIA issued. The re-export should occur within six months, extendable by another six months. The individual was advised to inform relevant authorities, including JDGFT and Customs. Further clarification was sought on the CIF value credit process, and guidance was provided to consult specific procedural documentation.