Import of restricted item(s) against transferred DFIA – DGFT Clarifies

By Vijay Kumar

DGFT clarifies that restricted items (other than prohibited items and the items reserved for import by State Trading Enterprises or otherwise specifically mentioned for the purpose) can be imported against the transferred DFIAs without the requirement of a separate import licence/authorisation subject to the condition that the exports have been completed prior to the effective date of restriction on imports [unless otherwise mentioned in the notification(s)].

DGFT Policy Circular No. 70 (RE-08)/2004-2009 Dated: March 16, 2009