ReferIndia News

Need a stunning portfolio website?

ReferIndia is your one-stop solution for design, development, and deployment—fast and professional!

Create Now
News Image

Some companies misuse duty-free import scheme: GTRI calls it 'licence to loot'

Published on: Aug. 17, 2025, 3:33 p.m. | Source: Economic Times

The Duty-Free Import Authorization (DFIA) scheme, intended to lower exporter costs, is reportedly being exploited, becoming a "license to loot" due to unclear policies and weak enforcement. GTRI urges immediate government intervention, advocating for a forensic audit of past licenses and duty recovery to restore faith in India's export incentives and prevent honest exporters from being driven out of business.

Checkout more news
Ad Banner

Looking for a side income?

Work on your own terms — become a freelancer with us! Choose projects you love, set your own schedule, and start earning today. No fixed hours, no limits — just flexibility and freedom.

Know more
ReferIndia News contact