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Bill of Export for Redemption of Advance Authorization

Arti Gupta

We have made supplies to the SEZ project on filing of ARE-1.

The inputs were procured for this project under the Advance Auhtorization.Now at the time of redemption DGFT is insiting for Bill of Export.

Any suggestion regarding the same.

Bill of Export mandatory for redeeming Advance Authorization after SEZ project supply using ARE-1, DGFT confirms. A query was raised regarding the requirement of a Bill of Export for the redemption of an Advance Authorization after supplying goods to an SEZ project using ARE-1. The inputs for the project were procured under Advance Authorization, and the Directorate General of Foreign Trade (DGFT) is now insisting on a Bill of Export for redemption. A response clarified that it is mandatory to submit the Bill of Export to the DGFT, with the Export Promotion (EP) copy required for exports and SEZ supplies under Advance Authorization. (AI Summary)
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