DGFT Introduces Amendment to Advance Authorization scheme, allows Clubbing of Authorizations within 24 Months [Read Notification]

The amendment to Para 4.36 of the Handbook of Procedures 2023 aims to simplify the clubbing provisions concerning the Advance Authorization Scheme, facilitating business operations
DGFT - Advance Authorization Scheme - DGFT Amendment Advance Authorization - taxscan

The Directorate General of Foreign Trade ( DGFT ) has introduced amendments to Para 4.36 of the Handbook of Procedures 2023 through Public Notice No. 40/2023 dated February 12, 2024. These changes aim to streamline the Advance Authorization Scheme by allowing the clubbing of authorizations issued within a 24-month period, thereby easing conditions for exporters….

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