TIOL-DDT 1582 · Monday, 4 April 2011 · story 4 of 13

FTP – SCOMET List Notified

THE FT(D&R) Act,1992 was amended in 2010. By this amendment, a new Chapter IV A has been introduced in the FT(D&R) Act,1992. It deals with controls on export of specified goods, services and technologies and empowers the Central Government to notify list of such goods, services and technologies. This notification lists the goods, services and technologies to which provisions of Chapter IV A of the FT (D&R) Act, 1992 as amended in 2010 shall apply. ‘Appendix 3' to Schedule 2 of ITC (HS) Classifications of Export and Import Items, popularly known as SCOMET List, would accordingly be replaced by this list.

DGFT Notification No. 38 (RE-2010) /2009-2014, Dated: March 31, 2011