Knowledge Resource >
A. Revamp of the Global Authorization for Intra-Company Transfer (GAICT) of SCOMET items/software/technology.
The Directorate General of Foreign Trade vide Public Notice No. 14/2015-2020 dated June 13, 2022, revamped the process for issue of Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET items
Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/43d855b9-3799-4095-b9ea-f39c357b2732/English%20PN%20GAICT.pdf
B. Amendments made to Export Promotion Capital Goods Scheme to reduce Compliance Burden and enhance Ease of doing Business
The Directorate General of Foreign Trade vide Public Notice No. 13/2015-2020 dated June 09, 2022 has made amendments applicable to Export Promotion Capital Goods authorizations issued under FTP-2015-20. It has extended the last date for filing of annual returns under Para 5.15 of 3 HBP 2015-20 along with a clarification that imposition of penalty of Rs.5000/- for late filing of annual returns is applicable from 2022-23
Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/c4a9f674-0a45-4d62-a1ee-51b5d022c03d/PN%2013%202015-20%20DT.%2009%20June%202022.pdf
C. Guidelines For Applicants under ANF-4F of Handbook of Procedures 2015-2020 have been amended.
The Directorate General of Foreign Trade vide Public Notice No. 11/2015-2020 dated June 07, 2022 has amended Para 2 (b)(i) of the ‘Guidelines For Applicants’ under ANF-4F of Handbook of Procedures 2015-2020 to simplify the procedure and reduce the compliance burden for applying Export Obligation Discharge Certificate (EODC) in deemed exports.
Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/42034a90-388b-484b-ab05-3b445406b382/PN%2011%20English%20pdf.pdf