What is Advance authorisation ?
(a) Advance Authorisation is issued to allow duty free import of input, which is physically incorporated in export product (making normal allowance for wastage).
In addition, fuel, oil, catalyst which is consumed/utilised in the process of production of export product, may also be allowed.
(B) Advance Authorisation is issued for inputs in relation to resultant product, on the following basis:
(i) As per Standard Input Output Norms (SION) notified (available in Hand Book of Procedures); OR
(ii) On the basis of self declaration as per of Handbook of Procedures.
(According to CS Executive – FEMA)