TMI BlogMandatory recording of information about transfer of DFIA (Duty Free Import Authorization) Scrips and Paperless issuance of DFIA ScripsX X X X Extracts X X X X X X X X Extracts X X X X ..... ion) Scrips and Paperless issuance of DFIA Scrips In order to enable electronic, paperless transactions and facilitate trade, it is submitted that the recording of transferability of DFIA is being made online. In this regard, a facility has been created on DGFT website to record the information about transfer of DFIA scrips. The recording of given information would allow the transferee to apply for ARO/Invalidation against the said DFIA Scrip online. The given transfer of DFIA scrips, shall be recorded under the relevant module on the DGFT website (https://dgft.gov.in) Services AA/DFIA. Detailed procedure for recording of transfer of DFIA scrips is at Annexure. 2. Further, the issuance of paper copies of DFIA scrips (for EDI Port ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... irmed on the DGFT e-platform, the old owner cannot re-record the transfer, and only the new owner can record and further transfer/retransfer. 5. It should be noted that unless recorded on DGFT website, the new owner (transferee) will not be able to utilize the scrip. Therefore, the new owner (transferee) has to ensure that the scrip is recorded in his favour by the old owner (transferor). DGFT/Customs shall not be responsible for any lapse by the old or new owner or any dispute in this regard. 6. Applicants will continue to apply for DFIA as per online procedure and the Regional Authorities will continue to issue the DFIA scrips in online module. The applicant would also continue to apply for ARO/Invalidation as per online procedure. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsfer process. 5. The DFIA scrip owner (entity A) will then need to input the IEC number of the receiving firm/company in favour of whom the transfer information is to be recorded (say entity B). 6. Proceed with OTP verification. OTP will be sent to the IEC s registered contact number and not on the Applicant s contact number. 7. Once the OTP is successfully verified, digitally sign the application using Aadhaar e-signing process. 8. The request to record the transfer of the scrip has been successfully submitted to the IEC number of the receiving firm/company (in favour of whom the transfer information is to be recorded (entity B)). Steps for Entity B (Receiving Entity): 1. Login into the system with the valid user c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Scrip For ascertaining the current owner of the DFIA as recorded in the DGFT system, following steps need to be followed i.e. 1. Go to Services DFIA View Ownership. 2. Enter the IEC Number of the Original owner of the scrip, the DFIA scrip number, scrip issuance dates whose current owner is to be obtained, enter Captcha, and click on show. 3. System will display the basic issuance details of the DFIA; the current owner of the scrip and the transfer history. It may be noted that if no information on transfer has been recorded in the System i.e. till the Scrip is accepted, the current owner field will be same as that of the original owner. In case, information on multiple transfers has been recorded in the S ..... X X X X Extracts X X X X X X X X Extracts X X X X
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