DGFT amends Para 2.79 to notifies the procedure for export of SOCMET

Dec 31, 2019 | by Avantis RegTech Legal Research Team

Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on December 27, 2019, has amended the Paragraph 2.79D of Handbook of Procedures of Foreign Trade Policy 2015-20 to lay down the procedure for export of Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) item(s) imported for demo or display or exhibition or tenders or RFP or RFQ or NIT purposes in the country. In addition, the undertaking by an applicant firm seeking authorization for export of indigenous or imported SCOMET item(s) for demo or display or exhibition etc. and has also modified including provision of bringing back item(s) within 90 days after the event.

[Public Notice No. 50/2015-2020]


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