Moneycontrol
HomeNewsEconomyPolicyGovt eases norms for exporters to avail benefits under advance authorisation scheme

Govt eases norms for exporters to avail benefits under advance authorisation scheme

To make the norms fixation process more efficient, the DGFT said that it has created a user-friendly and searchable database of ad-hoc norms fixed in the previous years.

July 17, 2023 / 16:02 IST
Story continues below Advertisement
Representative image

The government on Monday simplified norms for exporters to avail benefits of an advance authorisation scheme under which free imports of input materials are allowed.

The Directorate General of Foreign Trade (DGFT) implements this scheme under the Foreign Trade Policy.

Story continues below Advertisement

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 said that it has created a user-friendly and searchable database of ad-hoc norms fixed in the previous years.