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of <h1>Exporters using DFIA scheme can't claim CENVAT credit for inputs; compliance requires joint declaration. Penalties apply for false claims.</h1> Exporters utilizing the Duty Free Import Authorization (DFIA) scheme must adhere to specific regulations regarding the non-availability of CENVAT credit for inputs used in exported products. According to the Foreign Trade Policy and Customs Notification No. 40/2006, exporters cannot claim CENVAT credit under the CENVAT Credit Rules 2004 or Excise Rules 2002 for such inputs. To ensure compliance, exporters must submit a declaration confirming non-utilization of these credits. False declarations will result in penalties under the Foreign Trade (Development & Regulation) Act, 1992. Both merchant and manufacturer exporters must jointly sign this declaration if applicable.
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