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of <h1>Advance Authorisation Scheme 2023: Duty-Free Imports for Manufacturing with Conditions, Export Obligations, and Non-Transferable Authorisations.</h1> The Advance Authorisation Scheme under the Foreign Trade Policy, 2023 exempts materials imported into India for manufacturing final goods from customs duties, provided certain conditions are met. These conditions include presenting a valid authorisation at customs clearance, ensuring imported materials match authorisation specifications, and fulfilling export obligations. Importers must execute bonds for imports before export obligation discharge and provide proof of compliance. The scheme allows for job work processing and mandates that authorisations and materials cannot be transferred or sold. Defective materials may be re-exported. The notification outlines definitions and roles of various authorities and terms under the scheme.
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