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Advane authorization scheme - storage of inputs

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..... Advane authorization scheme - storage of inputs
Query (Issue) Started By: - DIPAK K Dated:- 8-11-2014 Last Reply Date:- 8-11-2014 Customs - Exim - SEZ
Got 6 Replies
Customs
Dear Experts. GOOD MORNING TO ALLSirs1. Whether there is any requirement for the separate storage of inputs imported duty free under advance authorization. 2. Whether there is any provision that the final products .....

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..... which are to be exported to fulfill export obligation are to be manufactured only and only from the inputs imported under advance authorization. Pl. Reply. Thanks and regards. Reply By MUKUND THAKKAR: The Reply: Dear Deepak, 1.Whether there is any requirement for the separate storage of inputs imported duty free under advance authorization. Any raw material import under advance authorization sh .....

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..... ould be storage separately and keeping the accountability of the same. if space constraint please mark the raw material which has identify properly. because consumption and stock details are required to submitted with the DGFT periodically. 2. Whether there is any provision that the final products which are to be exported to fulfill export obligation are to be manufactured only and only from the .....

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..... inputs imported under advance authorization. it is depended under which option you import input. pre-export or post export. if you import under the pre export than it is compulsory to used only and only those input which you had import under the advance authorization to fulfill export obligation Reply By DIPAK K: The Reply: Thank you very much sir. But, I could not find any such provision in FT .....

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..... P/HBP. Can you please tell me relevant provision or para no. of FTP/HBP which stipulates so. Thanks and regards sir. Reply By JYOTI DEORA: The Reply: Dear Dipak Refer chapter 4 of FTP which is self explanatory Reply By DIPAK K: The Reply: Thank you very much sir. I have already referred chapter 4 but couldnt find any such provision. PPlease mention para no. of chapter 4.Thanks and regards. Repl .....

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..... y By MUKUND THAKKAR: The Reply: Dear Deepak, 4.1.3.1 Advance Authorisation An Advance Authorisation is issued to allow duty free import of inputs, which are physically incorporated in export product (making normal allowance for wastage). In addition, fuel, oil, 4[***] catalysts which are consumed / utilised to obtain export product, may also be allowed. DGFT, by means of Public Notice, may exc .....

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..... lude any product(s) from the purview of Advance Authorisation I think you doubt is clear. Reply By DIPAK K: The Reply: Thank yiu very much sir for your prompt reply.
Discussion Forum - Knowledge Sharing .....

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