DFIA transferability affects duty exemptions and requires export verification, with exemption limited to basic customs duty. DFIA requires a minimum twenty percent value addition and, where SION are notified, may be transferred after export obligation completion; under FTP 2009-14 transferability triggers loss of exemption from anti dumping and safeguard duties for materials imported against a made transferable DFIA, and any such transferred materials attract anti dumping/safeguard duty with interest. Under FTP 2015-20 RA issues only post export transferable DFIAs exempt from Basic Customs duty, excludes Gems and Jewellery and actual user SION items, and mandates verification of export details before registration, with discrepancies referred to the RA.
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 transferability affects duty exemptions and requires export verification, with exemption limited to basic customs duty.
DFIA requires a minimum twenty percent value addition and, where SION are notified, may be transferred after export obligation completion; under FTP 2009-14 transferability triggers loss of exemption from anti dumping and safeguard duties for materials imported against a made transferable DFIA, and any such transferred materials attract anti dumping/safeguard duty with interest. Under FTP 2015-20 RA issues only post export transferable DFIAs exempt from Basic Customs duty, excludes Gems and Jewellery and actual user SION items, and mandates verification of export details before registration, with discrepancies referred to the RA.
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