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Advance Authorization Scheme - CBEC's Customs Manual 2023 - CustomsExtract ..... ultant product. The AA and the materials imported are not transferable even after completion of EO. 3.3 AA usually have a minimum of 15% value addition (except for Gems and Jewellery Sector) as prescribed under para 4.09 of FTP. The value addition for gems and jewellery and for specified goods is less than 15% as prescribed in Para 4.61 of Handbook of Procedures. In case of Tea, the minimum value addition is 50%. As per Appendix 11 in HBP 2009-14 (Appendix 4C in HBP 2015-20), higher value addition is prescribed for export for which payment are not received in freely convertible currency. 3.4 Normally, All Industry Rate (AIR) of Duty Drawback is not admissible with AA. However, a new scheme called Special Advance Authorisation for export of ..... x x x x x Extracts x x x x x Advance Authorization Scheme - CBEC s Customs Manual 2023 - Customs x x x x x Extracts x x x x x ..... ON/prior fixation of norms by Norms Committee, export obligation period being 90 days from import clearance without extensions and import being subject to non-transfer, including for job work and actual user condition, and the inapplicability of provisions for regularisation of default, etc. [Refer Notification Nos. 1/2014-Cus., dated 17-1-2014 and No. 22/2015-Cus.,dated 1-42015 and Circular No.4/2014-Cus., dated 10-2-2014] 3.7 AA are issued either to a manufacturer exporter or merchant exporter tied to supporting manufacturer(s) or to sub-contractors in respect of supplies of goods to specified projects provided the name of such sub-contractor appears in the main contract. 3.8 The AA holders are required to file a bond with 100% Bank Guara ..... x x x x x Extracts x x x x x Advance Authorization Scheme - CBEC s Customs Manual 2023 - Customs x x x x x Extracts x x x x x ..... porters of gems and jewellery can import/procure duty free inputs for manufacture of export product under various schemes viz. (i) Advance Procurement /Replenishment of Precious Metals from Nominated Agencies; (ii) Replenishment Authorization for Gems; (iii) Replenishment Authorization for Consumables and (iv) Advance Authorization for precious Metals. Import of gold for jewellery sector under Advance Authorization is on pre-import basis with actual user condition. [Refer Para 4.31 to Para 4.53 of FTP 2015-20] 3.11 Keeping in view nuances of individual variants of Advance Authorization, individual notifications issued by Revenue have certain variations in conditions, inter alia, related to prevention of dual or unintended benefits. [Refer N ..... x x x x x Extracts x x x x x Advance Authorization Scheme - CBEC s Customs Manual 2023 - Customs x x x x x Extracts x x x x x
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