https://www.taxtmi.com/circulars?id=64283 Revalidation for SCOMET export authorizations was previously permitted in six month increments up to twelve months, with leftover export obligation as a ground. Export obligations for technology/software transfers cannot be quantified in item or value terms; therefore revalidation for such authorizations is not to be considered. As a one time relief, a single six month extension will be granted for SCOMET technology transfer authorizations expiring by 30.09.2020 upon prescribed application to DGFT(Hqrs). Going forward, validity for technology/software transfer authorizations shall be twenty four months or as per Para 2.16 of HBP FTP 2015 20, with no further revalidation. en-us Mon, 31 Aug 2020 00:00:00 +0530 Mon, 31 Aug 2020 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64283 Revalidation for SCOMET export authorizations was previously permitted in six month increments up to twelve months, with leftover export obligation as a ground. Export obligations for technology/software transfers cannot be quantified in item or value terms; therefore revalidation for such authorizations is not to be considered. As a one time relief, a single six month extension will be granted for SCOMET technology transfer authorizations expiring by 30.09.2020 upon prescribed application to DGFT(Hqrs). Going forward, validity for technology/software transfer authorizations shall be twenty four months or as per Para 2.16 of HBP FTP 2015 20, with no further revalidation. Circulars DGFT Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64283