Benefits of the Advance Authorisation Scheme for Exporters | LeRemitt

The Advance Authorisation Scheme (AAS) is an export promotion initiative by the Government of India that allows exporters to import inputs and raw materials without paying customs duties, provided these inputs are used in the manufacture of export products. This scheme aims to enhance the competitiveness of Indian exporters by reducing costs and ensuring timely access to necessary materials. Exporters are required to fulfill specific export obligations within a stipulated timeframe, promoting efficient production and boosting foreign exchange earnings. The AAS plays a crucial role in encouraging manufacturing and export activities in various sectors.