When a manufacturer wants to export a product and raw material is to be imported that is when the DFIA scheme (variant of advance authorization scheme) applies. Director General of Foreign Trade, by issuing a public notice, can exclude any products from the scope of DFIA. A minimum 20% value addition shall be required for issuance of such authorization.
How Duty-Free Import Authorization Scheme Is Beneficial For You?
CENVAT credit facility shall be available for raw materials either imported or procured. The pre-export authorization shall be issued with actual user condition and shall be exempted from payment of basic customs duty, additional customs duty or Excise duty, education cess, antidumping duty and safeguard duty, if any.
What are Our DFIA Scheme Services?
DFIA is a variant to Advance Authorization scheme as a higher minimum value of 20% is required, as compared to only 15% in first scheme. It is popular with exporters who export first and then obtain the Authorization, which can be sold freely. We shall help you with the procedure for claiming the value addition of 20%.
Following are the DFIA Services we Shall Provide:
a) We shall check your eligibility for duty free import authorization scheme.
b) We shall submit your application.
c) We will take follow-up of your application.
d) If there is any deficiency reported by the department, then we will represent your case.
e) We will also make sure that all your requirements are fulfilled within time.
Why Choose Us for DGFT Services?
Work will be done in very less period. Compared to other firms our fees are low. We have an expert team with more than 30 years of experience in export who can help you for DFIA License. We have professional skills in preparation and representation of case. We have a huge client base from all the sectors. The most important thing for getting things done is that we have good and strong relations with the concerned department.
