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15% BG for manufacturers
(Companies only), if |
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Exporting for last 3 years
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Exporting in any
of the last three years and registered
with C.Ex. Or Sales Tax |
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Not
exported in last three years but |
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Registered with C.Ex. And paid
Excise Duty
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Registered with Sales Tax and
paid Sales Tax |
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Min. investment in P &
M - Rs. 50 lacs. |
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15% BG for AEZ
exporters and service providers
> Rs. 5 cr. |
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100% BG for (other
than exempted categories) |
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Merchant Exporters
less than 5 crores |
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All types of Proprietorship
or Partnership firms |
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Service Providers
less than specified limit |
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No BG, if EO fulfilled
before imports. |
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Domestic
Sourcing - ARO |
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Application shall
specify : |
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Name, description and quantity
of items, |
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Individual value of items to
be procured |
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Furnish LUT/BG if necessary |
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May be issued along
with Advance Authorization / DFIA |
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Validity shall
be co-terminus with validity of
Advance Licence / DFIA |
An ARO issued for procurement
of an individual item shall be
valid for procurement form one
or more indigenous sources
No ARO for Procurement
from SEZ / EOU bond office to
debit license
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Domestic
Sourcing - Back to Back Inland Letter
of Credit (L/C) |
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Application shall
specify |
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Application shall specify |
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Individual value of items to
be procured |
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After Furnishing LUT/BG to
RLA |
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Authorization shall
be invalidated by bank for direct
import |
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Original retained
by bank for negotiation and non-negotiation
copy of L/C given to indigenous
supplies |
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FOR INTERMEDIATE
SUPPLIES
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Tie up agreement with exporter
holding an Advance Authorization
or DFIA
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Original Advance
License holder to apply to licensing
authority stating |
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Name, description and quantity
of items to be procured |
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Individual value of items to
be procured |
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Name of supplier manufacturer |
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License to be invalidated
by RLA for direct imports |
Authorization
holder has an option either to
supply intermediate product to
holder of Advance Authorization
DFIA or to export (Physical/ deemed
directly)
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