Circular No. ES/CIR/129/2022-23 1st March, 2023
To: Members of the Council
Sub: Advance Authorisation Scheme
Dear Member,
DGFT has issued Public Notice No.59/2015-2020 dated 28/02/2023 to notify a system to integrate a uniform and transparent system for implementation of all PRC decision including previous decisions involving process of levying Composition Fee in case of extension of Export Obligation Period (EOP) and/or regularisation of exports already made under Advance Authorisation Scheme, for ease of doing business and reduction of transaction cost.
A copy of Public Notice No. 59/2015-2020 (click to download) dated 28/02/2023 is enclosed herewith.
You are requested to kindly take a note of the above and do the needful.
Thanking you,
Yours faithfully,
A. Ravi Kumar
Executive Director