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DGFT allows duty free import of inputs

by Blitz India Media
July 17, 2023
in News
0
DGFT
Team Blitz India

NEW DELHI: The Directorate General of Foreign Trade (DGFT) on July 17, implemented the Advance Authorisation Scheme under the Foreign Trade Policy (FTP), 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.

To make the norms fixation process more efficient, the 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 (https://dgft.gov.in) and allows users to search using Export or Import Item Description, Technical Characteristics, or Indian Tariff Classification ITC (HS) codes.
To access the database, the exporter or public may visit the DGFT Website under Services –> Advance Authorisation/DFIA –> Ad-hoc norms..

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