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Advisory on Introduction of Special Advanced Authorisation Scheme

News and Press Release - Dated:- 31-8-2016 - Attention of Importers/Exporters/Trade/CBs is invited to CBEC Board Circular No.037/2016-Cus dt.13th August 2016 on introduction of Special Advanced Authorisation Scheme in combination with AIR drawback under para 4.04A of FTP 2015-20 . 2. To give effect to this scheme, the Notification No. 45/2016-Customs dated 13th August, 2016 has been issued providing exemption to fabrics (including interlining) from import duty subject to conditions specified the .....

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horisation would continue to be issued under scheme code 03 which may be used for import. The same scheme code may be used if the SB is to be used only against discharge of Advance Authorisation. However, to utilize in combination of other schemes such as AIR drawback, EPCG during export, two more new export scheme codes have been introduced in ICES. 4. Scheme code 62 (Drawback & Spl AA( Para 4.04A of FTP)): Exporters availing AIR Drawback along with Special Advance Authorisation under 4.04A .....

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