DGFT Issues SOP/Guidelines for Voluntary Disclosure of Non-Compliance Related to Export of SCOMET Items
By: Admin
Date: January 16, 2025
Category: DGFT | Notification and Circular
Reading Time: 4 Min
The Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 40/2024-25, dated January 15, 2025, to notify the Standard Operating Procedure (SOP)/Guidelines for Voluntary Disclosure of Non-Compliance or Violations related to the export of SCOMET (Special Chemicals, Organisms, Materials, Equipment, and Technologies) items and associated regulations.
This initiative is aimed at ensuring greater transparency and compliance in the export of SCOMET items under Para 10.19 of the Handbook of Procedures (HBP), 2023.
Key Details of the Notification:
Scope:
The SOP/Guidelines cover voluntary disclosures of violations or non-compliance related to SCOMET export regulations.
Legal Basis:
This notification has been issued under the powers conferred by Para 1.03 and 2.04 of the Foreign Trade Policy (2023).
Annexure Enclosed:
The detailed SOP/Guidelines are provided in the annexure to the public notice, which outlines the procedural requirements for voluntary disclosures.
Immediate Effect:
The provisions of this notice are effective immediately, providing exporters an opportunity to rectify unintentional violations promptly.
Effect of the Public Notice:
The notification aims to:
- Facilitate voluntary compliance by exporters dealing with SCOMET items.
- Provide a clear framework for addressing instances of non-compliance or violations.
- Enhance trade compliance mechanisms while promoting accountability in sensitive exports.
Importance for Exporters:
This SOP serves as an essential tool for exporters handling SCOMET items to ensure adherence to export control regulations. Voluntary disclosures made in accordance with these guidelines may lead to reduced penalties or other regulatory relief, fostering a culture of compliance.
For further details, refer to Public Notice No. 40/2024-25, available on the DGFT website.
