Enhancement/ Reduction In the Value of DFIA

4.63

In respect of a DFIA, the Regional Authority concerned (as per their financial powers) may consider a request for enhancement/ reduction in the CIF value, FOB value, quantities of import or export of the certificate, provided the value addition after such amendment does not fall below the stipulated minimum value addition (as per the policy and the procedure laid thereunder) and provided there is no change in the inputoutput norms and the Policy under which the authorisation was issued.

The request for pro-rata enhancement in value and quantity may be made either before or after exports. In such cases where there is a change in the SION prior to the export of the said product, the pro-rata enhancement shall be given after calculating the entitlement on the revised SION.

The application for the enhancement/ reduction in the value or quantity of the authorisation shall be made in ‘Aayaat Niryaat Form’ of the Handbook of Procedure (Vol. 1)