Amendments to SCOMET items list for 2024 by Indian govt.

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Full Text of the Document

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....The notification amends Appendix 3 (SCOMET items) to Schedule 2 of the ITC (HS) Classification of Export and Import Items, 2018, as an annual SCOMET update for 2024. Exercising powers under the Foreign Trade (Development and Regulation) Act, 1992 and Foreign Trade Policy 2023, the Central Government has made amendments to the SCOMET items list. The updated Appendix 3 will be uploaded on the DGFT web portal. The notification comes into effect 30 days after issuance to provide a transition period for the industry. It supersedes previous notifications related to SCOMET updates.....