Monday, August 17, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Exports

Exports: SCOMET list updated relating to non-proliferation matters

Fiinews by Fiinews
September 5, 2024
in Exports
Reading Time: 2 mins read
A A
0
WTO Publication
0
SHARES
18
VIEWS
LinkedinShare on Twitter

DDP made licensing authority for export of Category 6 items

Directorate General of Foreign Trade (DGFT) has notified the updated SCOMET list for the year 2024. India’s export control list (SCOMET – Special Chemicals, Organisms, Materials, Equipment and Technologies) has been updated, incorporating the recent changes and updates in the control lists of the multilateral export control regimes, and certain policy amendments in our national system, on the basis of inputs from relevant government organizations and stakeholders bse .

With the recent update, DGFT has also authorized the Department of Defence Production (DDP) to be the licensing authority for export of all items falling under Category 6 of SCOMET for military end use, streamlining certain exclusions existing earlier nse .

“India has a robust legal and regulatory framework on strategic trade and related non-proliferation matters, which includes the inter-ministerial SCOMET licensing process, effective enforcement and risk assessment mechanisms, regular outreach to industry and other stakeholders, etc.,” said the Commerce and Industry Ministry on 3 Sept 2024.

“India is a member of the major multilateral export control regimes, viz. the Missile Technology Control Regime, Wassenaar Arrangement, and Australia Group, and harmonises its guidelines and control lists with that of these regimes and the Nuclear Suppliers Group .

“Accordingly, India regulates the exports of dual use items, nuclear related items, and military items, including software and technology under the SCOMET list, which is notified by DGFT under the Foreign Trade Policy,” the Ministry said sbi .

The emergence of Strategic Trade Controls as an important area has been acknowledged in the Foreign Trade Policy 2023, where the SCOMET processes and procedures have been consolidated at one place for better understanding of the Industry, for effective compliance, it elaborated gifas .

As exports of SCOMET item have increased substantively during the last three years, DGFT has taken several initiatives, based on regular interactions with the industry to facilitate authorized and responsible export of these high end goods and technologies, which includes strengthening DGFT’s e-platform for licensing, laying down a liberalized General Authorization policy for items such as drones, dual-use chemicals, telecommunication equipment, information security systems, and for Repairs in India, Repeat Order for Stock & Sale Policy, Intra Company Transfers (GAICT), among many others state.gov.

The SCOMET List has been notified by DGFT under Appendix 3 to Schedule 2 of ITC (HS) Classification of Export and Import Items. The policy and procedures under SCOMET are outlined in Chapter 10 of FTP and HBP 2023, and the list is regulated under Chapter IVA of Foreign Trade (Development & Regulation) Act, 1992, as amended in 2010, the Ministry said adsgroup . fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

UPTIS
Exports

Export: Indian shipment up 19% to global markets

by Fiinews
August 15, 2026
0
13

Ralhan cautions rising import bill, calls for attention to widening trade deficit India’s merchandise exports delivered a spectacular performance in...

PIB.
Exports

Export: Kapurthala supplies coaches to Bangladesh

by Fiinews
August 12, 2026
0
19

European Standard EN 15227 incorporated in coaches Rail Coach Factory, Kapurthala, achieved a milestone with the rollout of the first...

Uzbekistan Chamber of Commerce and Industry.

Export: India-Uzbekistan urged to double trade

August 5, 2026
28
Aixenergy

Export: $863bn products shipped to global markets

July 30, 2026
23
Toybiz

Export: Toy sector targets 5% global market share

July 29, 2026
24
FICC

Export: India-Israel FTA progresses

July 26, 2026
22
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: World at critical energy crossroads
  • Market: Steel prices improve; plate up $31/MT
  • Invest: DCW expands SIOP capacity to meet demand
  • Tender: CFI calls for quality infrastructure
  • Manufacture: EV-maker invests in growth phase

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.