• An Advance Authorisation is issued to allow duty free import of inputs, raw material which are physically incorporated in the export product (making normal allowance for wastage).
• Mandatory spares which are required to be exported / supplied with the resultant product can be allowed duty free upto 10% of CIF value.
• This script shall be issued for physical exports / SEZ / Intermediate supplies / Deemed exports.
• We can import raw material / components duty free in proportionate of exports.
No need of bank guarantee if your export is more than 5 crore or your excise duty payment is more than 1 crore in a year.
• No blockage of Cash flow