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WELCOME CONSULTANCY
GST : 27BIQPK6253E1Z0

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Closure Of Advance License Services

Name: Closure Of Advance License Services
Brand: WELCOME CONSULTANCY
Price: 25000 INR
Availability: InStock

Price 25000 INR/ Number

Get a Price/Quote

MOQ : 1 Number

Closure Of Advance License Services Specification

Support
Client Assistance Provided

Consultancy Charges
Applicable as per Case

Mode of Service
Online/Offline

Service Type
Regulatory Compliance

Processing Time
As per DGFT guidelines

GST Applicable
Yes

Industry Served
Export-Import Industry

Eligibility Criteria
Valid Advance License Holder

Document Required
Application Form, Export Documents, Import Documents, Advance License Copy

About Closure Of Advance License Services

Closure Of Advance License Services are professionally provided by expert team members in the field of export/import compliance to businesses that want to surrender their advance licenses in India. An advance license is a type of government-issued authorization that enables businesses for importing raw materials or intermediate goods duty-free or at a decreased rate for the production of export goods. The services help patrons in the surrender process, documentation, and also compliance requirements related to the closure of an advance license. Closure Of Advance License Services guarantee that businesses completely comply with customs regulations and avoid penalties for non-compliance if surrendering their advance licenses.

Who Can Avail this Service?

Only individuals or businesses holding a valid advance license are eligible for the closure process. This service caters primarily to organizations and exporters in the import-export industry seeking to officially discharge their license-related obligations in compliance with Indian regulations.

Simple Compliance through Online and Offline Modes

Clients can choose between a convenient online process or the traditional offline route, ensuring flexibility according to their operational needs. Our expert team assists with documentation and liaison with the authorities to make the closure procedure as straightforward as possible.

Documentation and Process Efficiency

To initiate closure, clients must provide the completed application form, relevant export and import documents, and a copy of the advance license. The process is streamlined to reduce client workload and is managed strictly as per DGFT timelines.

FAQ's of Closure Of Advance License Services:

Q: How do I apply for the closure of my advance license?

A: You can initiate the closure process by submitting the required documents-application form, export/import records, and your advance license copy-through either our online portal or by visiting our office. Our team will guide you through each step.

Q: What criteria must I meet to be eligible for this service?

A: Eligibility is restricted to holders of a valid advance license issued by the DGFT. Only such license holders involved in the export-import industry may request closure assistance.

Q: What documents are needed for completing the closure process?

A: You need to provide the application form for closure, all supporting export and import documentation, and a clear copy of the advance license. Additional documents may be requested based on specific case requirements.

Q: When will my advance license closure be processed?

A: The processing time is determined according to DGFT guidelines. Our consultancy team will inform you about expected timelines once all necessary paperwork has been submitted.

Q: Where is this closure service available, and how is support provided?

A: The service is available across India and can be accessed either online or offline. Dedicated client assistance is offered throughout the process to resolve queries and ensure compliance with regulatory standards.

Q: What benefits do I gain from using this closure service?

A: Timely closure of your advance license helps avoid legal complications and regulatory penalties. Our service ensures a compliant and hassle-free outcome, supported by knowledgeable consultants.

Q: Are there any consultancy charges and taxes involved?

A: Consultancy charges are applicable and are determined according to the specifics of your case. Additionally, GST will be charged on all professional fees as mandated by law.