Trade Notice No. 26/2020-21
Trade Notice No. 26/2020-21
To,
- RAs of DGFT
- Trade Bodies
- Members of Trade
Subject: Policy on re-validation to export authorization for SCOMET items, by DGFT Hqrs-Clarification-reg.
In terms of DGFT’s Public Notice No. 10/2015-20 dated 8th June 2020 [Para 2.20(b) of HBP of FTP 2015-20], re-validation to export authorizations for SCOMET items is considered on merits by the DGFT(Hqrs) for six months at a time and maximum up to twelve months. One of the main grounds for considering revalidation to export authorizations is to meet the leftover export obligation in quantity or value terms.
2. Subsequent to the issue of the said Public Notice, the DGFT (Hqrs) has received a large number of requests from industry seeking re-validation to an export authorization issued for technology/software transfer on the grounds that the export of technology/ software is an ongoing and continuous process, and within the scope of the terms and conditions agreed to between the parties.
3. The issue has been examined in consultation with the Inter-ministerial Working Group and has been decided that export obligation can not be quantified in terms of item or value of exports in technology/software authorizations. Hence, revalidation to such export authorizations need not be considered. However, taking into consideration that export does not suffer, it has been decided to grant only one extension of six months, as a one-time relief in all SCOMET export authorizations involving technology transfer (under any category of SCOMET) expiring by 30.09.2020, on submission of application in prescribed Performa to DGFT(Hqrs).
4. Henceforth, the validity period of SCOMET export authorizations for the transfer of technology/software under any category of SCOMET shall be twenty-four months only or the validity period of export authorization allowed in terms of Para 2.16 of HBP of FTP 2015-20. No subsequent revalidation in such authorizations shall be permissible.
5. This issues with the approval of the Competent Authority.
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