Duty-Free Import Authorisation Scheme (DFIA) – Falcon 18 Imports Pvt Ltd

 

Duty-Free Import Authorisation Scheme

Duty-Free Authorization Scheme (DFIA) began in 2006 and will be issued after the goods are shipped for those products that are under Standard Input Output Norms (SION). Provisions of the DFIA scheme are more or less similar to the Advance Authorisation Scheme. DFIA will allow all the manufacturers to export duty-free inputs, be it oil, catalyst, etc., Inputs allowed by Standard Input Output Norms (SION).

Guiding You for DFIA Scheme

 We analyze the feasibility of the DFIA scheme for all the exporters. We have a team of DGFT experts who have adequate knowledge and experience in providing such a service. 

We make sure that there are no delays in the process by checking the documentation work. Afterward, in the Application process, we make the online application and submit the required hardcopy in DGFT.

Advance Authorisation Scheme (AA)

An Advance authorisation scheme (AA) will allow all the manufacturers to export duty-free inputs, be it oil, catalyst, etc., Inputs allowed by Standard Input Output Norms (SION) or ad hoc under actual user conditions. IEC is required for the application of the Advance Authorisation Scheme.

 A minimum of 15 percent is required for value addition, except for certain items. Exporters have to fulfill export obligations over a specific period, both quantity and value-wise.

Eligibility Condition for Advance Authorisation

Entitlement for Advance authorization shall be provided to the exporters having performance of at least two years.

A claim will be based on CIF import value, which must be 300 percent of FOB export value and/or for deemed exports from the previous year or Rs 1,00,00,000, whichever will be higher.

Should you need assistance with DFIA please call us at +919717360020 or send mail to cargodeal@falconfreight.com

Visit: https://falconfreight.com/what-is-duty-exemption-remission-schemes-and-different-methods-to-gain-duty-free-benefits/

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