Export-restricted use of AA/DFIA: gold imports permitted only for export, no domestic diversion allowed under FEMA Authorisations such as Advance Authorisation and Duty Free Import Authorisation must be used only for import of gold intended for export; diversion for domestic use is prohibited. Sequencing of imports prior to exports will not be insisted upon for authorisations issued before 14 August 2013. SEZ and EoU units and Premier and Star Trading Houses may import gold exclusively for export. Exports fulfilling AA/DFIA obligations do not qualify for the 20:80 scheme. Directions are issued under FEMA.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Export-restricted use of AA/DFIA: gold imports permitted only for export, no domestic diversion allowed under FEMA
Authorisations such as Advance Authorisation and Duty Free Import Authorisation must be used only for import of gold intended for export; diversion for domestic use is prohibited. Sequencing of imports prior to exports will not be insisted upon for authorisations issued before 14 August 2013. SEZ and EoU units and Premier and Star Trading Houses may import gold exclusively for export. Exports fulfilling AA/DFIA obligations do not qualify for the 20:80 scheme. Directions are issued under FEMA.
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