Our organization is engaged in providing duty free import authorization scheme that is mainly issued for the allowance of duty free inputs import. We also provide allowance for the import of catalyst and oil that is used in the procedure of export product. The provisions of paragraphs 4.18, 4.12, 4.24, 4.20 and 4.21 of FTP are also applicable to DFIA.
Duties Exempted and Admissibility of Cenvat :
Be it indigenous or imported duty paid inputs in the export product, the drawback as per the determined rate and fixed by the Central Excise authority is supposed to be available. If the drawback is claimed for the inputs of unspecified SION, the applicant is required to indicate clear details of duty paid inputs in the application filled for duty free import authorization. In addition, the regional authority is supposed to keep clear endorsement details of the duty paid inputs in their duty free import authorization condition sheet.