DGFT
"If there's no notified norm for your export product, self-declared norms under HBP 2023 Para 4.07 are usually the fastest way to get an Advance Authorisation issued: you propose your own input-output ratio and the Regional Authority issues the Authorisation on that basis. This video explains when to use self-declaration instead of ad-hoc fixation, why the declared ratio stays provisional until the DGFT Norms Committee reviews it, the 30-day duty-and-interest exposure if that ratio is revised, and the product exclusions to check before you file.
This video is general information, not professional advice for your specific case. Rules change, so please confirm current provisions or speak to our team.
Time Stamp:
0:00 Start
0:21 Introduction
0:39 What self-declaration actually means
1:38 What you'd use it for
2:26 The catch: provisional norms and the 30-day clock
3:05 What it saves you
3:36 Before you file
4:26 End
Sources cited in this video:
Foreign Trade Policy 2023, Chapter 4, Para 4.03(b): the four routes to input-output norms.
Handbook of Procedures 2023, Para 4.07 and Para 4.07(i): self-declared norms, when the route applies, and the undertaking requirement.
Handbook of Procedures 2023, Para 4.07(ii): duty and interest payable within 30 days if the Norms Committee revises or rejects the declared norm, counted from publication on the DGFT website.
Handbook of Procedures 2023, Para 4.06(v): the three-year production-data requirement under ad-hoc norms fixation, cited here for comparison.
Foreign Trade Policy 2023, Para 4.11: categories excluded from self-declared-basis Authorisations. [CONFIRM: source] exhaustive itemised list to be verified against a live DGFT page before this claim is relied on for a specific product.
DGFT official portal: https://www.dgft.gov.in
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