DGFT introduces faceless automation system for ad-hoc input-output norms, streamlining duty-free imports for exporters.
The DGFT has introduced a faceless automation system to fix ad-hoc input-output norms, enhancing ease of doing business for exporters. The new system allows exporters to import duty-free raw materials or inputs for manufacturing goods meant for export under an advance authorisation scheme. Previously, standard input-output norms were followed to issue licenses for duty-free imports. The Foreign Trade Policy 2023 focuses on revamping systems to incorporate automated, rule-based processes.
June 20, 2024
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