PUBLIC NOTICE No. 44 /(RE-2008) 2004-09 dated
04.07.2008
Regarding - Original validity of import of DFIA
In exercise of powers conferred under paragraph 2.4 of
the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby
makes the following amendments in the Hand Book of Procedures, Vol. I (RE-2008):
1. Attention is invited to paragraph 2.12 to be read with paragraph 2.13.1 of
the Handbook of Procedures, Vol. 1 wherein it has been stated that the original
validity of import of DFIA shall be 24 months from the date of issuance of the
authorization and in case transferability is endorsed, no further revalidation
shall be allowed against the freely transferable authorization. Representations
have been received from the Trade and Industry that due to varying
interpretation of the provisions of DFIA Scheme, as per FTP and the
corresponding Customs Notification for the period 1.5.2006 to 31.3.2007, DFIAs,
in particular, the DFIAs endorsed with transferability, could not be utilized in
time for import clearances. Accordingly, it has been represented that DFIAs
issued during the aforesaid period may be revalidated for a further period of
six months from the date of endorsement.
2. The matter has been examined in detail based on the representations and the
facts and figures on DFIAs. It has been observed that the actual user DFIAs are
entitled for revalidation for a period of six months in terms of paragraph 4.23
to be read with paragraph 4.65 of HBP v1. However, the DFIAs endorsed with
transferability are not entitled for revalidation in terms of paragraph 2.13.1
of HBP v1.
3. In view of above, Duty Free Import Authorisations (DFIAs) issued during
1.5.2006 till 31.3.2007 and which have already been endorsed with
transferability, shall be entitled for revalidation for a further period of six
months, even if the original import validity of 24 months has already expired,
subject to the following conditions :
(i) Application for revalidation may be submitted to the concerned Regional
Authority within a period of 30 days from the date of the issuance of this
Public Notice. DFIA shall be revalidated for a period of six months from the
date of expiry of 24 months from the date of issuance of the DFIAs.
(ii) This facility shall not be available where misrepresentation / fraud has
come to the notice of any authority.
This issues in public interest.Sd/-
(R.S. Gujral)
Director General of Foreign Trade and
Ex-Officio Additional Secretary to the Government of India
(Issued from File. No. 01/94/180/ Open House Meet /AM09/PC 4)
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