Process Eased For Duty Free Import Of Export Purpose Inputs
Directorate General of Foreign Trade (DGFT) has implemented the Advance Authorisation Scheme under the Foreign Trade Policy, which allows duty-free import of inputs for export purposes.
“The eligibility of inputs is determined by Sector-specific Norms Committees based on input-output norms,” a PIB press release stated.
To make the norms fixation process more efficient, DGFT has created a user-friendly and searchable database of Ad-hoc Norms fixed in the previous years.
These norms can be used by any exporter without requiring a Norms Committee review as outlined in the Foreign Trade Policy 2023.
The database is hosted on the DGFT Website and allows users to search using Export or Import Item Description, Technical Characteristics, or Indian Tariff Classification ITC (HS) codes.
This trade facilitation measure simplifies the advance authorisation and norms fixation process, resulting in shorter turnaround times for exporters, improved ease of doing business, and reduced compliance burden.
