4.1.11
- Document type
- Policy
- Dated
Advance Release Orders
Advance Release Orders
4.1.11
An Advance Authorisation holder, holder of advance Authorisation for annual requirement, holder of Diamond Imprest Authorisation, holder of DFIA and holder of DFRC intending to source the inputs from indigenous sources/State Trading Enterprises/ EOU/SEZ/ EHTP/STP/BTP units in lieu of direct import has the option to source them against Advance Release Orders denominated in free foreign exchange/ Indian rupees.
The transferee of a DFIA or a DFRC shall also be eligible for ARO facility. However, supplies may be obtained against the Authorisation from EOU/EHTP/BTP/STP/ SEZ units, without conversion into ARO.
The validity period of ARO shall be as prescribed in the Handbook of Procedures (Vol.1).
4.1.11
An Advance Authorisation holder, holder of advance Authorisation for annual requirement, holder of Diamond Imprest Authorisation, holder of DFIA and holder of DFRC intending to source the inputs from indigenous sources/State Trading Enterprises/ EOU/SEZ/ EHTP/STP/BTP units in lieu of direct import has the option to source them against Advance Release Orders denominated in free foreign exchange/ Indian rupees.
The transferee of a DFIA or a DFRC shall also be eligible for ARO facility. However, supplies may be obtained against the Authorisation from EOU/EHTP/BTP/STP/ SEZ units, without conversion into ARO.
The validity period of ARO shall be as prescribed in the Handbook of Procedures (Vol.1).