Under the DFIA (Duty Free Import Authorization) the Exporter may import
raw material without payment of customs duty.
For getting the DFIA, Exporter should have some capability which are
given below—
1-
Exporter
should be a Manufacturer Exporter.
2-
Product
of export should be mentioned in SION (Standard Inputs Output Norms).
DFIA‘s validity for 2 years. DFIA is transferable. And any exporters
may perchage this licence and use this licence. Within 2 years exporters will
have to import raw material and manufacture a final product and export that
product. If Exporter are enable to import raw materials and can’t export the
final product within the validity of Advance Authorization, Exporter need to
pay duty. Under this licence Exporter can’t apply for EOP and revalidation.
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