Advance Authorization – Export of SCOMET items – DGFT Clarifies

By Vijay Kumar

IN case of applications for Advance Authorisation where export item is a SCOMET item, and where the applicant so requests, Advance Authorisation may be issued prior to issue of SCOMET licence, subject to the condition :-

“In case SCOMET licence is not granted within four (4) months of the issue of the Advance Authorisation, then the exporter would pay customs duty and applicable interest on the imported goods and thereafter close the Advance Authorisation. This condition would be incorporated in the Advance Authorisation. The applicant would also give an LUT in this regard.”

For your ready reference SCOMET means - SPECIAL CHEMICALS, ORGANISMS, MATERIALS, EQUIPMENTS AND TECHNOLOGIES

DGFT Policy Circular No. 99 (RE-08)/2004-2009 Dated: August 11, 2009