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Under Duty Free Import Authorisation (DFIA) scheme, authorization is issued to allow duty free import of inputs. No change has been made regarding transferability in DFIA scheme under para 4.29 of Foreign Trade Policy 2015-20.
The DFIA scheme is valid only for those export products where a valid Standard Input Output Norms (SION) is in place. The scheme is not available in cases where Standard Input Output Norms have been suspended.
This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Rajya Sabha.
DFIA transferability remains unchanged; duty free imports permitted only where standard input output norms apply under current policy. Under the Duty Free Import Authorisation (DFIA) scheme the transferability provision remains unchanged and DFIA is available only for export products that have an operative Standard Input Output Norms (SION); where a SION has been suspended, the DFIA scheme does not apply to that product.Press 'Enter' after typing page number.