https://www.taxtmi.com/forum/issue?id=107347 Procurement against an Advance Licence permits duty free domestic supply for exported finished goods, contingent on authorisations. The licence holder must obtain Advance Licence and, where required, fix input norms by SION or self declaration. Prior to purchase the holder must provide the supplier with the Advance Licence plus supporting authorisations such as an ARO, invalidation letter, or back to back inland letter of credit. Suppliers must quote these references on the invoice and ARE form. Such supplies qualify as Deemed Export, allowing supply without payment of central excise duty under ARE procedure and Foreign Trade Policy; procurements from EOU/STP/EHTP need only the licence endorsed by the Assistant Commissioner of Excise. en-us Tue, 16 Sep 2014 13:32:12 +0530 Thu, 23 Jan 2025 15:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107347 Procurement against an Advance Licence permits duty free domestic supply for exported finished goods, contingent on authorisations. The licence holder must obtain Advance Licence and, where required, fix input norms by SION or self declaration. Prior to purchase the holder must provide the supplier with the Advance Licence plus supporting authorisations such as an ARO, invalidation letter, or back to back inland letter of credit. Suppliers must quote these references on the invoice and ARE form. Such supplies qualify as Deemed Export, allowing supply without payment of central excise duty under ARE procedure and Foreign Trade Policy; procurements from EOU/STP/EHTP need only the licence endorsed by the Assistant Commissioner of Excise. Discussion-Forum Central Excise Tue, 16 Sep 2014 13:32:12 +0530 https://www.taxtmi.com/forum/issue?id=107347