Inclusion of Paragraph 2.79F in the Handbook of Procedures of the Foreign Trade Policy (FTP) 2015-20 to lay down the procedure for Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET items/software/technology

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....Paragraph 1.03 of the Foreign Trade Policy (FTP) 2015-20, the Directorate General of Foreign Trade (DGFT) hereby makes amendments to Handbook of Procedures (HBP) of FTP 2015-20 for inclusion of a new entry at Paragraph 2.79 with immediate effect. 2. After sub-Para 2.79E of the HBP of FTP 2015-20, a new entry shall be inserted as under: "Para 2.79F - Global Authorisation for Intra-Company Transfers (GAICT) of SCOMET1 Items/Software/TechnoIogy A. Scope and Eligibility: Pre-export authorization will not be required for re-export of imported SCOMET items, software and technology [excluding items under SCOMET Categories 0, 1B, 1C2 3A401, 5 and 6] under following conditions: i. where the re-export is an Intra-company transfer from an I....

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....r a certified/approved Internal Compliance Programme (ICP) or demonstrates compliance to the ICP of the parent company; f) The exporter agrees to allow on-site inspection, if required by the DGFT or authorised representatives of Government of India; g) The exporter is granted a Global Authorisation for Intra-Company Transfers (GAICT) as per procedure mentioned in para 2.B below. B. Procedure for grant of Global Authorization for Intra-Company Transfers (GAICT) Filing and Assessment of Application a. In respect of re-export of SCOMET items/software/technology against Licence Exception which has been granted by the export control licensing authority of the country of parent company, the Indian exporter shall submit application for GA....

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....ght by DGFT. C. Post reporting for re-export of items/software/technology under GAICT a. The Indian exporter shall submit post-shipment details of each transfer/consignment of exports of SCOMET items/software/technology under GAICT to the SCOMET Division of DGFT (Hqrs), New Delhi, via E-mail ([email protected]) on quarterly basis (March / June / September / December), by the end of subsequent month of each quarter, in respect of the exports made in the previous quarter; b. The post-shipment details shall be submitted in proforma ANF 20(c) alongwith a copy of EUC in Appendix 2S (iv), from the parent company abroad; c. Failure to do so may entail imposition of penalty and / or suspension/revocation of GAICT. Note: ANF (Aryat Niry....

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....ology shall be valid for a period of three years from the date of issue of GAICT by DGFT and shall be further subject to the following validity time line, whichever is earlier: i. Till the validity of license exception of foreign parent company for that product (Items/Software/TechnoIogy); or ii. Till the validity of license exception of foreign parent company for subsidiaries of the parent company abroad; or iii. Till the validity of Master Service Agreement (MSA) / Contract with the foreign parent company and the Indian subsidiary. b) GAICT cannot be revalidated in terms of Paragraph 2.80 of HBP of FTP 2015-20. H. Suspension / Revocation GAICT issued shall be liable to be suspended / revoked by the DGFT on receipt of an adverse ....