Alerts & Updates 9th Oct 2024

SCOMET Update 2024: Expansion of list of items covered by Global Authorization for Intra-Company Transfers (GAICT)

Authors

Ambarish Sathianathan Partner | Mumbai
Sanjay Notani Partner | Mumbai
Harika Bakaraju Principal Associate | Mumbai
Shweta Kushe Associate | Mumbai

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On October 7, 2024, the DGFT issued Public Notice No. 26/2024-2025 expanding the list of items that fall under the purview of GAICT. Particularly, the DGFT amended Appendix 10M in order to exclude certain items falling under it, thereby bringing them under the ambit of GAICT.

Read the detailed update here

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