Self Ratification Authorisations

At Shyam Enterprises, we are committed to helping businesses navigate the intricacies of international trade regulations. One of the key schemes we specialize in is the Advance Authorisations for Duty-Free Import under the Self-Ratification Scheme. Our expert team is dedicated to ensuring that your business can fully leverage this scheme, optimizing your import processes and boosting your competitiveness.

Understanding the Self-Ratification Scheme

• The Self-Ratification Scheme allows applicants to apply for an Advance Authorisation online and provide complete details along with a certificate from a Chartered Engineer.
• The scheme allows applicants to self-declare the inputs they intend to use in the manufacturing process, even if there are no Standard Input Output Norms (SION) or valid Ad hoc Norms for the export product. OR, SION has been notified, but the exporter wants to use additional inputs in the manufacturing process.
• The applicant must submit an undertaking to abide by the decision of the Norms Committee.
• The scheme also requires the applicant to maintain proper accounts of the consumption and utilization of duty-free imported or domestically procured inputs.
• The production and consumption records of the export item under this scheme will be audited by the Norms Committee.
• Non-compliance with the prescribed documents or excess or incomplete consumption of duty-free items may result in penal action.

Key Features of the Self-Ratification Scheme:

• Duty-Free Imports: Allows duty-free import of inputs necessary for manufacturing export products, reducing overall production costs.
• Self-Certification: Empowers exporters to self-certify their input-output norms, eliminating the need for pre-approval from the DGFT.
• Expedited Process: Streamlines the import process, enabling quicker procurement of necessary materials.
• Wide Applicability: Beneficial for industries with unique or specialized production requirements where standard norms are not defined.

How Shyam Enterprises Can Help

Navigating the Self-Ratification Scheme can be complex, but with Shyam Enterprises, you can ensure a smooth and efficient process. Here’s how we assist:

• Expert Consultation: Our team of seasoned consultants provides detailed insights into the Self-Ratification Scheme, helping you understand the eligibility criteria, benefits, and application process.
• Application Assistance: We guide you through the preparation and submission of your advance authorisation application, ensuring all necessary documentation is accurately completed and submitted.
• Self-Certification Support: Assist in the formulation and justification of your self-certified input-output norms, tailored to your specific production processes.
• Regulatory Compliance: Ensure your business remains compliant with all DGFT requirements, keeping you updated on any changes or developments in the scheme.
• Benefit Optimization: Identify opportunities to maximize the benefits of duty-free imports, enhancing your operational efficiency and cost-effectiveness.

Why Choose Shyam Enterprises?

• Extensive Expertise: With years of experience in DGFT consultancy, our team possesses in-depth knowledge and expertise in the Self-Ratification Scheme.
• Personalized Solutions: We offer tailored solutions that meet the unique needs of your business, ensuring optimal results.
• Proven Success: Our track record of helping businesses secure self-ratified advance authorisations highlights our commitment and capability.