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or electronic form for a period of five years from technology / software, analyse the coverage of
the date of import or export as the case may be. exported items under the SCOMET list and ensure
A modified format for end use cum end user compliance with the Export Control regulations.
certificate required for obtaining export license for
SCOMET items has also been specified. The 30-day license processing period means that
adequate planning will be required for analysing
Impact on Industry in advance as to whether items are covered under
the SCOMET list and making timely applications
Despite the DFGT publicising these changes and for export licenses or seeking clarifications.
holding periodic workshops for the industry,
exporters appear to have very little information or There may also exist scope for making suitable
knowledge about these changes and their impact. suggestions to the DGFT for rationalization of the
Exporters are facing challenges of determining regime and ensure that ease of doing business is
the extent of coverage of their goods and related not impacted.
technology / software under the newly introduced
categories. The encryption related criteria, Exporters should not shy away from compliance
complex technical language and exclusions are with the export control regime. Although there
resulting in ambiguity in certain cases. For MNCs, are stringent penalty and imprisonment related
the challenge is to align their approach with that of consequences for non-compliance but wide-
the group subsidiaries and associate companies compliance will result in India being globally
located abroad. acknowledged as an export control compliant
nation. Ultimately, Indian exports will get a
Given the wide coverage of some of SCOMET competitive edge due to compliance with export
categories, there is a need for exporters to control regulations.
undertake steps to map all exports made,
especially activities which constitute exports of (Source: https://www.thedollarbusiness.com/news/indian-
export-control-regime-revamped-overhaul-of-scomet-
list/51030 )
13. NOW, COMPANIES CAN APPLY ONLINE TO SET UP INLAND
CONTAINER DEPOT
New Delhi, Aug 18 (IANS) In a bid to ensure There have been frequent complaints from
speedier and more transparent approval pro- applicants that the manual process is very
cess for the setting up of Inland Container Depot cumbersome and not only does it result in loss
(ICD)/Container Freight Station (CFS)/Air Freight of documents in transit but also leads to lack of
Station (AFS), the companies can now move their transparency regarding status of clearances by
applications and track their progress online, the various agencies/departments. There have been
government said on Friday. persistent demands from various stakeholders to
streamline the processes.
“The improved procedure is aimed at ensuring a
speedier and more transparent approval process. Now, the back-end process will also be online and
Companies can now submit applications online the applicant can see various stages of processing
and view their progress/update online, without of his/her application in various ministries/
visiting any government office. This is a pioneer departments online.
attempt as a major inter-ministerial IT application
rather than a mere intra-ministerial IT initiative,” “Apart from saving reams of paper, the process also
the Commerce Ministry said in a statement. brings about greater transparency by disclosing
the application status. This includes sending out
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