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    <title>what is the purpose of Value addition</title>
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    <description>Value addition for Advance Authorisation requires a minimum prescribed increase of export FOB over CIF value of inputs; it is computed by comparing realised FOB exports with CIF value of inputs (including those on which duty drawback is or will be claimed). Shortfalls attract a composition fee payable at DGFT redemption. Applications for Advance Authorisation/EPCG are filed online in ANF 4A with digital signature, attaching RCMC and relevant documents; status certificates exempt from bank guarantee.</description>
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