The Advance Authorization Scheme is a flagship initiative under India’s Foreign Trade Policy designed to promote exports by providing duty exemptions on imported inputs used for producing export goods. The scheme enables exporters to reduce production costs, enhance competitiveness in the global market, and support the government’s vision of boosting foreign trade. This comprehensive guide … Read more
The Advance Authorization Scheme (AAS) is a flagship initiative under India’s Foreign Trade Policy (FTP). Designed to enhance the competitiveness of Indian exporters, the scheme allows duty-free import of inputs required for the production of export goods. By minimizing financial constraints and reducing production costs, the scheme promotes exports, enabling Indian businesses to thrive in … Read more
The Advance Authorization Scheme (AAS) is a crucial policy framework introduced by the Government of India under the Foreign Trade Policy (FTP) to facilitate and promote exports by providing duty exemptions on imported inputs used for export production. The scheme enables exporters to procure raw materials, components, and consumables duty-free, significantly reducing production costs and … Read more