Advance Authorization Scheme under (FTP)

Nikhil6806 Oct, 2025Business

Redemption of Advance Authorization under the Foreign Trade Policy (FTP) signifies the successful fulfillment of export obligations and closure of the license through the issuance of the Export Obligation Discharge Certificate (EODC) by DGFT. Timely redemption ensures compliance, avoids penalties, and maintains export credibility. SKMC Global helps businesses with complete documentation, tracking export obligations, coordinating with DGFT, and ensuring smooth EODC issuance—saving time and preventing regulatory hassles.

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