India, April 17 -- The Government of India has issued a release:
In pursuance of the Government's commitment to Ease of Doing Business and trade facilitation for exporters, the Ministry of Commerce & Industry has undertaken a series of targeted reforms to strengthen the functioning of Norms Committees (NCs) under the Directorate General of Foreign Trade (DGFT). These measures are aimed at improving turnaround time, enabling early approvals and enhancing transparency and predictability under the Advance Authorisation (AA) Scheme.
DGFT administers the Advance Authorisation (AA) Scheme and the Duty-Free Import Authorisation (DFIA) Scheme under the Foreign Trade Policy. These schemes allow duty-free import of inputs that are physically incorp...