Duty Free Import Authorisation (DFIA)

Duty Free Import Authorisation (DFIA)

Welcome to Shyam Enterprises, your reliable DGFT consultant, specializing in Standard Input-Output Norms (SION) based Duty Free Import Authorisation (DFIA). With our extensive expertise and dedication to compliance, we ensure that your business navigates the complexities of the DFIA scheme effortlessly. Partner with us to optimize your import-export operations and maximize your business potential.

What is Duty Free Import Authorisation (DFIA)?

The Duty Free Import Authorisation (DFIA) is a scheme introduced by the Directorate General of Foreign Trade (DGFT) that allows duty-free import of inputs used in the production of export products. The scheme is based on Standard Input-Output Norms (SION), which specify the quantity of inputs required to produce a given quantity of export goods. DFIA aims to make Indian products more competitive in the global market by reducing the cost of inputs.

Key Features of DFIA

  • Duty-Free Imports : The scheme allows for the duty-free import of inputs required for the manufacture of export products, significantly reducing production costs.
  • Transferability Once the export obligation is fulfilled, the DFIA is transferable, allowing flexibility and greater business opportunities.
  • Standard Input-Output Norms (SION) The scheme operates based on predefined SION, ensuring transparency and consistency in the quantity of inputs permissible for duty-free import.
  • Export Obligation DFIA holders must fulfill an export obligation equivalent to six times the duty saved on inputs within a specified time frame, typically 18 months.
  • Value Addition The scheme requires a minimum value addition of 20% in the production process, ensuring that imported inputs are effectively utilized in export production.

Benefits of Partnering with Shyam Enterprises for DFIA

Navigating the DFIA scheme can be complex, but Shyam Enterprises is here to simplify the process for you. Here’s how we can help:

  • Expert Guidance Our team of experts provides comprehensive guidance on all aspects of the DFIA scheme, from application to fulfilment of export obligations.
  • Streamlined Application Process We handle the entire application process on your behalf, ensuring all required information is accurately submitted and applications are processed swiftly.
  • Regulatory Compliance Our deep understanding of DGFT regulations ensures your applications are fully compliant with all legal requirements, minimizing the risk of penalties and delays.
  • Timely Updates We keep you informed about any changes in DFIA regulations or procedures, ensuring you remain compliant with the latest requirements.
  • Customized Solutions Our services are tailored to meet your specific needs, providing personalized support to ensure a hassle-free experience.
  • Dedicated Support Our customer support team is always available to address your queries and provide assistance throughout the DFIA process, ensuring your complete satisfaction.

Our DFIA Services

Shyam Enterprises offers a range of specialized services to support your DFIA needs:

  • Pre-Application Consultation We provide detailed consultations to help you understand the DFIA requirements and prepare the necessary documentation for your application.
  • Application Assistance Our team manages the entire application process, ensuring all necessary information is accurately submitted to the DGFT.
  • Documentation Support We assist in preparing and organizing all required documentation, ensuring your application is complete and error-free.
  • Compliance Monitoring We monitor your import-export activities to ensure ongoing compliance with DFIA conditions, providing regular updates and guidance as needed.
  • Export Obligation Management We help you track and fulfill your export obligations, ensuring timely and accurate reporting to DGFT.
  • Training & Workshops We offer training sessions and workshops to keep your team informed about DFIA requirements and other relevant DGFT regulations, enhancing your internal compliance capabilities.
  • Why Choose Shyam Enterprises?
  • Industry Expertise With years of experience in DGFT consulting, Shyam Enterprises is a trusted name in regulatory compliance and import-export management.
  • Client-Centric Approach We prioritize your needs, offering customized solutions and dedicated support to ensure a smooth and efficient DFIA process.
  • Reliability & Integrity Our commitment to transparency and ethical practices ensures you receive reliable and trustworthy services.
  • Innovative Solutions We leverage the latest technology and best practices to provide innovative solutions that streamline your compliance processes.
  • Proactive Support Our proactive approach ensures you are always ahead of regulatory changes, minimizing risks and ensuring compliance.