Use of Indian Materials in Export under Advance license

[VISHAL PATEL]

Dear Sir,

plz guide is it possible to use 100% indigenous materials for export under advance license and during shipping bill filing we declare in DEEC declaration we declarate as Indigenous raw materials used for export?

plz help

AI Summary

Advance License Inquiry: Exporting with 100% Indigenous Materials May Require Legal Undertaking or Bank Guarantee Under Customs Rules. A participant inquired about using 100% indigenous materials for export under an Advance License, questioning if it could be declared in the DEEC declaration. Responses indicated that using solely indigenous materials contradicts the purpose of Advance Authorization, which typically involves imported inputs to fulfill export obligations. One response highlighted that indigenous sourcing is possible under certain conditions, requiring a Legal Undertaking or Bank Guarantee as per customs regulations. Another noted that using 100% indigenous materials does not fulfill the export obligation under the Advance License scheme, suggesting opting for AIR Duty Drawback instead.