DFIA Scheme
DFIA Scheme
Duty Free Import Authorization Scheme issued by the DGFT, are product based transferable licenses which allow duty-free import of raw material required to produce an export product.
The Director General of Foreign Trade (DGFT), by means of Public Notice and also public interest, can exclude any product(s) from the scheme. This scheme was in force from 1st May 2006.
The Authorization shall be issued on the norms of inputs and export items given under the Standard Input and Output Norms (SION). Thus the import entitlement must be limited to the quantity mentioned in SION
The DFIA license is valid for 12 months from the date of issue. It can be transferred or sold under the DFIA scheme.