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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade (Development and Regulation) Act, 1992

Introduction of new paras in Chapter 4 of Handbook of Procedures, 2023

21-Jan-2025 | Public Notice No. 42/2024-25

DGFT has issued a circular notifying the introduction of new paras in Chapter 4 of Handbook of Procedures, 2023 regarding Diamond Imprest Authorisation (DIA), effective from 1st April 2025.

Key highlights-
1. Application for DIA shall be submitted online ANF 4J to the concerned Regional Authority, as specified in Appendix - 4a.
2. The imports and exports under DIA are only permitted through Mumbai Airport.
3. Deemed exports are not allowed under DIA scheme.
4. The period of fulfillment of export obligation is 18 months from the date of issuance of Authorisation.
5. For the purpose of fulfillment of the export obligation, online application in ANF 4K shall be filled to the Regional Authority as specified in Appendix 4A.
6. New ANF 4J (for issuance of fresh DIA) has been introduced.
7. The DIA scheme will be operationalised with effect from 1st April 2025.

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