This scheme providing duty free inputs on post exports basis as a replenishment so that export product becomes competitive in the international market.
DFIA is freely transferable.
Eligibility Criteria
Manufacturer Exporter or Merchant exporter tied up with supporting manufacturer is eligible for DFIA on post export basis for the product group under Standard Input Output Norms notified.
No DFIA is issued where SION do not exist or any input is subject to pre-import condition or with A U condition.
Minimum Value Addition required is 20%.
Utilization of DFIA or Transfer
Exporter can use the DFIA for import of raw material required in manufacture of finished product
If exporter is not interested to use for his own purpose and using locally procured raw material, he can sell it.
Exporter is free to sell in open market with premium up to 70 to 80% on duty saved amount.
