banner_ad

Export obligation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 February 2014 Sir, One of my client has got DFIA, enlisting various items that could be imported duty free and export obligation to be completed in quantity and value. He has imported goods less than entitlement. He has completed less export than stated in DFIA. My qyery is that: Can the export obligation be reduced proportionate to actual import made? Pls give supporting notification /case law etc. Many thanks in advance. Need urgent, as I have to give CA Certi for redemption of DFIA.
Profile Image

Jyotindra Thakar

Profile Image

Jyotindra Thakar (Expert)
13 February 2014 Dear Hitesh,
You can apply for prorata reduction in CIF value of Import and FOB value of export in terms of para 4.21 of handbook of procedures volume-1. You are also requested to refer DGFT Public Notice No.15/2009-14 Dtd.27.10.2009
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details