EOP Extension, Revalidation and Clubbing of Advance Authorisation (licence), Duty Free Import Authorisation (DFIA), and any other product in PRC (Policy Relaxation Committee), by Delhi DGFT

We are Export - Import Consultant and consulting with Export Incentive Scheme. the above matter which is pending before Policy Relaxation Committee (PRC) for EOPExtension, Revalidation, clubbing of  any Scripts (Advance Authorisation (licence), Duty Free Import Authorisation (DFIA), Export Promotion Capital Goods (EPCG) and many others such matters, we can help you to regularise your licence. If you are interested, please let me know. We are consulting with DGFT matters at Mumbaiand Delhi. We used to provide complete consultancy in the field of DGFT and Customs. In our working comity, there are many retired officers ofCustoms, Central Excise, and Service Tax. We have a strong team under the leadership of a recently retired Chief Commissioners of Customs, Centralexcises, Services Tax, Ex - Joint DGFT.

About Advance Authorisation (Advance Licence)

Under the Advance Authorization the Exporter may import raw material without payment of customs duty.

Manufacturer Exporter may take advance Authorization, but Merchant Exporter may take Advance Authorization when Merchant Exporter did tie-up with a Manufacturer Exporter.

For getting Advance Authorization the Exporter should have some capability which are given below—

1-Exporter should be Manufacturer Exporter.

2-Exporter has exported 3 Crore in previous years.

3-Exporter should have Central Excise registration.

4-Exporter should have an Importer-Exporter Code.

Advance Authorization’s validity for 2 years. Advance Authorization is non-transferable. And only licence holder can use this licence.  Within 2 years Exporters will have to import raw material and manufacture a final product and export that product. If Exporters are enable to import raw materials within the validity, Exporter need to revalidate the Advance Authorization. And when  Exporter are enable to Export final product within the validity of Advance Authorization, Exporter need to apply for EOP Extension. And If Exporter has completed the 50% Export within the validity of Advance Authorization, Exporter may claim for EOP. And Exporter may get 6 months Extension three times. Thus, Exporter could get 18 months as EOP. But if Exporter could not complete even 50% Export within validity, Exporter may can`t claim for EOP. 

About Duty Free Import Authorisation (DFIA)

Under the DFIA (Duty Free Import Authorization) the Exporter may import raw material without payment of customs duty.

For getting the DFIA, Exporter should have some capability which are given below—

1-      Exporter should be a Manufacturer Exporter.

2-      Product of export should be mentioned in SION (Standard Inputs Output Norms).

DFIA‘s validity for 2 years. DFIA is transferable. And any exporters may perchage this licence and use this licence. Within 2 years exporters will have to import raw material and manufacture a final product and export that product. If Exporter are enable to import raw materials and can’t export the final product within the validity of Advance Authorization, Exporter need to pay duty. Under this licence Exporter can’t apply for EOP and revalidation. 

About Agri. Infrastructure Incentive Script

There are two basic criteria for AIIS, first the Applicant should be a Status Holder, and the second eligibility is the applicant exported product should be covered under chapter 1 to 24 . In this scrip the Applicant Status Holder shall be incentivized by equal to 10% of FOB value of agricultural product provided that the total benefits for all Status Holder put together does not more than Rs. 100 Cr, i.e. Rs.50 Cr for each half year. This duty credit scrip shall be granted by DGFT Delhi for FOB value of current year. This duty credit scrip is freely transferable between Status Holder to Status Holder.