Wednesday, March 27, 2024

Govt relaxes export norms for dual-use telecom equipment, information security software

The government has issued a new policy for the export of certain telecom and information security-related items. Under this policy, one-time bulk licenses will be granted for these items under the SCOMET category. Exporters will need to apply for a license through the online SCOMET portal and follow the prescribed format. The policy aims to simplify and liberalize the export process for these items, with licenses valid for three years.

from Economy-News-Economic Times https://ift.tt/o0hc8ZA
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