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EXIM Compliance FAQ’s
Advance License (Advance Authorization) allows exporters to import raw materials, components, or inputs without paying customs duty including cess, IGST and any other additional duties, provided the finished goods made out of this will be exported. Contact us for more information.
EPCG (Export Promotion Capital Goods) Scheme allows exporters to import capital goods, spares parts, consumables etc. (like machinery and equipment) at zero customs duty. Contact us for more information.
Any exporter, manufacturer exporters, merchant exporters tied with supporting manufacturers, and service providers — can apply for EPCG. Contact us for more information.
All the duties including basic custom duty, cess, IGST and any other additional duties are exempted under advance license scheme. Contact us for more information.
No, second hand capital goods are not allowed under EPCG. However, you can opt for MOOWR scheme. Contact us for more details on MOOWR. Contact us for more information.
MOOWR (Manufacturing and Other Operations in Warehouse Regulations) Scheme allows deferment of import duties (including IGST) on import of raw materials and capital goods without paying customs duty upfront. The duty is paid only when goods are cleared for domestic use, and no duty at all if goods are exported. Thus, the scheme is highly suitable for business who have high imports and also suitable for second hand capital goods imports. Contact us for more information.
AEO (Authorized Economic Operator) provides faster customs clearance, lower inspection, and global recognition. It is highly beneficial for frequent importers and exporters. There are monetary benefits also, such as deferment in import duties, discount on insurance premium, savings in CFS charges, 24*7 custom clearance and faster disposal of drawback and rodtep. Contact us for more information.
There is no penalty as such. If export is not done fully or partially then the company has to pay proportionate duties along with 15% simple interest. Also exporter have the option of extension of export obligation period up to 2 more years. Contact us for more information.
Yes, Advance License is valid for physical exports as well as deemed exports. Supplies to SEZs, EOUs, and project exports also qualify. Contact us for more information.
Yes, multiple licenses can be clubbed for easier compliance and export obligation fulfillment. This helps simplify documentation. Contact us for more information.
Yes, multiple licenses can be clubbed for easier compliance and export obligation fulfillment. This helps simplify documentation. Contact us for more information.
The validity of scrips such as Rodtep and Rosctl is 2 year from the date of issuance of such scrip. Contact us for more information.
Yes, EPCG is available for service providers as well. Some example of service providers are hotels, hospitals, research companies etc. It supports service exports by reducing capital investment costs. Contact us for more information.
the suitability of the scheme depends on many factors. Contact us for more information.
Yes, in many cases both benefits can be claimed simultaneously. However, careful compliance is required for smooth closure of license. Contact us for more information.
It is always advisable to close the license as soon as the export liability under license is fulfilled. Non-submission may lead to demand notices for duty with interest. Timely compliance helps avoid penalties. Contact us for more information.
Yes, third-party exports is also allowed under EPCG. Contact us for more information.
A consultant ensures correct scheme selection, faster processing, and compliance support. This helps companies maximize benefits and avoid penalties. Contact us for more information.
We have offices in Ahmedabad, Surat, and Mumbai to serve clients across India. Our team is available on call, email, and in person for meetings during business hours. Contact us for more information.
Benefits are also available to importers provided the finished goods or semi-finished goods is either exported directly or through third party or deemed exports. Contact us for more information.
Yes, importers can use DGFT scrips to save duty or opt for MOOWR scheme to defer duty payments. These reduce cash flow blockage even without exports. Contact us for more information.
Yes, schemes like MOOWR, AEO, and GST refunds help importers, exporters, and units making local sales. They provide duty deferment, faster clearance, and refund support. Contact us for more information.
Yes, we have a staff of 25+ professionals across departments like Marketing, Processing, and DGFT Policy. Each scheme is managed by a highly experienced specialist to ensure accurate and timely service. Contact us for more information.
Advance License allows duty-free import of raw materials with a corresponding export obligation. Generally, you get 12 months for imports and 18 months for completing exports. Both import and export period can be further extended with the payment of dgft composition fees. Contact us for more information.
Under EPCG, capital goods can be imported duty-free, with an export obligation of 6 times the duty saved to be completed in 6 years. If completed in 3 years, the company gets fast track discount of 25% and only 75% export is needed to be complete. Contact us for more information.
DGFT allows for extension requests by paying a composition fee or justifying genuine reasons. We handle such cases to ensure your license does not attract penalties. Contact us for more information.
Yes, we specialize in EODC closures even in complex cases where documents are missing or deadlines are surpassed. Our team prepares documentation, represents the case before DGFT, and ensures smooth closure without heavy penalties. Contact us for more information.