DGFT Expands GAICT Policy for Export/Re-export of SCOMET items including Software and Technology to Selected countries [Read Notice]

This expansion allows for the inclusion of new items, thus liberalising the policy and making it easier for companies to transfer SCOMET items, software, and technology within their corporate structure
DGFT - Directorate General of Foreign Trade - DGFT Expands GAICT Policy - GAICT Policy - SCOMET - taxscan

The Directorate General of Foreign Trade ( DGFT ) has expanded the Global Authorization for Intra-Company Transfer ( GAICT ) policy, enhancing the export and re-export processes for SCOMET items, including software and technology, vide Public Notice no. 26/2024-25 dated 7th October 2024. This amendment, detailed in Appendix 10M of Paragraph 10.15 of the Handbook…

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