https://www.taxtmi.com/caselaws?id=264305 A transferable DFIA must be assessed under the policy and procedure in force on the date of issue. Where the authorisation was issued before later DGFT notifications and had already been validly transferred after fulfilment of export obligation, customs authorities could not apply the later restrictive requirements retrospectively. For a specific input covered by the DFIA, the transferee was not required to prove afresh actual consumption or the exact quantity used in the export product, because the nexus had already been settled through the licence and export authorisation process. The DFIA exemption therefore could not be denied on the basis of later instructions. en-us Thu, 09 Apr 2015 00:00:00 +0530 Wed, 10 Feb 2016 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264305 A transferable DFIA must be assessed under the policy and procedure in force on the date of issue. Where the authorisation was issued before later DGFT notifications and had already been validly transferred after fulfilment of export obligation, customs authorities could not apply the later restrictive requirements retrospectively. For a specific input covered by the DFIA, the transferee was not required to prove afresh actual consumption or the exact quantity used in the export product, because the nexus had already been settled through the licence and export authorisation process. The DFIA exemption therefore could not be denied on the basis of later instructions. Case-Laws Customs Thu, 09 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264305