DFIA transfer recording mandates online registration and OTP/e sign verification before transferees may use scrips. Mandatory online recording of transfers of Duty Free Import Authorization (DFIA) scrips is required so transferees can apply for ARO/Invalidation only after the transfer is recorded. Paper copies for EDI ports are discontinued from the effective date while security copies continue for non-EDI ports; online recording is mandatory for applicable scrips. The transferor records the transferee's IEC and initiates OTP and Aadhaar e sign verification; the transferee must accept via OTP and e sign for the system to reflect the new current owner. Recorded transfers are irreversible and DGFT/Customs are not responsible for party disputes.
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.
DFIA transfer recording mandates online registration and OTP/e sign verification before transferees may use scrips.
Mandatory online recording of transfers of Duty Free Import Authorization (DFIA) scrips is required so transferees can apply for ARO/Invalidation only after the transfer is recorded. Paper copies for EDI ports are discontinued from the effective date while security copies continue for non-EDI ports; online recording is mandatory for applicable scrips. The transferor records the transferee's IEC and initiates OTP and Aadhaar e sign verification; the transferee must accept via OTP and e sign for the system to reflect the new current owner. Recorded transfers are irreversible and DGFT/Customs are not responsible for party disputes.
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