Advance Autharisation

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....dvance Autharisation<br> Query (Issue) Started By: - GANESH IYER Dated:- 21-4-2017 Last Reply Date:- 3-5-2017 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>One of our Customer have an export order....

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.... to Bangladesh.. they will import the Raw material form Bangladesh and will be paid in US DOLLER .. they will manufacture the goods with a value addition go 21% and then will be exported to Banglad....

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....esh.. They will be getting the realization of export proceeds in Indian Rupees.. Can they apply for Advance Authorization??? Is it mandatory TO get export proceeds in US dollar ??? Can you clarify ....

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....this ponit with the provision in FTP..&#39; Reply By raghunandhaanan r vi: The Reply: Dear Sir, You may refer Para 2.52 of FTP in this regards. Here export proceeds in INR is allowed from Vostro Ac....

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....count subject to certain conditions<br> Discussion Forum - Knowledge Sharing ....