https://www.taxtmi.com/article/detailed?id=15224 Sensitive goods, technology and software are classified under the SCOMET list and ITC HS codes into Free, Restricted (licensed), or Prohibited categories; exports require licensing where technical classification, end use and end user vetting show risk, and a catch all provision allows restriction or denial if an exporter knows or has reason to believe items could aid weapons or delivery systems. Compliance requires internal controls, recordkeeping and voluntary disclosure, with enforcement by customs and licensing authorities and penalties including fines, seizure, license revocation and criminal sanctions. en-us Mon, 13 Oct 2025 08:54:11 +0530 Mon, 13 Oct 2025 08:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15224 Sensitive goods, technology and software are classified under the SCOMET list and ITC HS codes into Free, Restricted (licensed), or Prohibited categories; exports require licensing where technical classification, end use and end user vetting show risk, and a catch all provision allows restriction or denial if an exporter knows or has reason to believe items could aid weapons or delivery systems. Compliance requires internal controls, recordkeeping and voluntary disclosure, with enforcement by customs and licensing authorities and penalties including fines, seizure, license revocation and criminal sanctions. Articles Customs - Import - Export - SEZ Mon, 13 Oct 2025 08:54:11 +0530 https://www.taxtmi.com/article/detailed?id=15224