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June 4, 2025 at 02:08 PM
Advance Authorization Scheme
✅ Launch: 2004
✅ Ministry: Ministry of Commerce and Industry
✅ Salient Features:
• Duty-free import of raw materials for manufacturing export items as per Standard Input-Output Norms (SION).
• Beneficiaries: Manufacturers, exporters, and service providers.
• Implementing Authority: Directorate General of Foreign Trade (DGFT).
✅ Type: Central Sector
This scheme facilitates businesses in importing raw materials duty-free to manufacture products that are later exported, boosting India’s global trade.
#trade #export #manufacturing
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