Implementation of Advance Authorisation Scheme for export of prohibited goods under Foreign Trade Policy, 2023 - exempts materials imported into India against an Advance Authorisation issued under Foreign Trade Policy meant for export of a prohibited item.

Implementation of Advance Authorisation Scheme for export of prohibited goods under Foreign Trade Policy, 2023 - exempts materials imported into India against an Advance Authorisation issued under Foreign Trade Policy meant for export of a prohibited item. https://www.taxtmi.com/notifications?id=139934 Materials imported under an Advance Authorisation issued under the Foreign Trade Policy, 2023 for manufacture of a resultant product that is prohibited for export are exempted from customs duty, additional duties, integrated tax, compensation cess, safeguard, countervailing and anti-dumping duties, subject to conditions including production of the authorisation at clearance, conformity to its specifications, adherence to SION or prior-fixed norms, execution of a bond securing duty payment if conditions fail, discharge of export obligations through specified ports/ICDs/LCSs, non-transferability and actual user restrictions, and permitted re-export if materials are defective. en-us Sat, 01 Apr 2023 00:00:00 +0530 Tue, 02 May 2023 17:53:00 +0530 TaxTMI RSS Generator Implementation of Advance Authorisation Scheme for export of prohibited goods under Foreign Trade Policy, 2023 - exempts materials imported into India against an Advance Authorisation issued under Foreign Trade Policy meant for export of a prohibited item. https://www.taxtmi.com/notifications?id=139934 Materials imported under an Advance Authorisation issued under the Foreign Trade Policy, 2023 for manufacture of a resultant product that is prohibited for export are exempted from customs duty, additional duties, integrated tax, compensation cess, safeguard, countervailing and anti-dumping duties, subject to conditions including production of the authorisation at clearance, conformity to its specifications, adherence to SION or prior-fixed norms, execution of a bond securing duty payment if conditions fail, discharge of export obligations through specified ports/ICDs/LCSs, non-transferability and actual user restrictions, and permitted re-export if materials are defective. Notifications Customs Sat, 01 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=139934