Acceptance of BG/LUT

4.62

At the time of issue of the non transferable DFIA, the acceptance of the undertaking given by the applicant to the Regional Authority concerned in the form given in ‘Aayaat Niryaat Form’ will be endorsed on the reverse of the DFIA.

Note: - No BG/LUT will be required where the specified export obligation has been fulfilled before making any import. In case of partial fulfillment of export obligation before effecting any imports, the BG/ LUT may be reduced proportionately.