From UPSC perspective, the following things are important :
Prelims level : Duty-Free Import Authorisation (DFIA)
Mains level : Not Much
The Union Minister of Commerce and Industry has informed about the scheme.
Duty-Free Import Authorisation (DFIA)
- DFIA is issued to allow duty free import of inputs, fuel, oil, energy sources, a catalyst which are required for production of export product.
- The Directorate General of Foreign Trade, an agency under the Ministry of Commerce and Industry, by means of Public Notice, may exclude any product(s) from purview of DFIA.
- Under the scheme, authorization is issued to allow duty free import of inputs.