Advance Order Release (ARO)
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Advance Release Orders enable deemed export benefits for suppliers when inputs are sourced domestically instead of by direct import.
Advance Release Orders let Advance Licence holders source inputs from domestic suppliers instead of importing; choosing this route invalidates the licence for direct import and prompts issuance of an ARO (in foreign or Indian currency). The ARO entitles the domestic supplier-such as units under EOU, SEZ, STP-to claim benefits available under the deemed export regime for supplies made against the ARO. (AI Summary)
Dear Sir,
Please tell me all about Sales against ARO
Central Excise