Ever since, the demonetization of higher valued Indian currency notes Rs. 500 and Rs. 1000 implemented from 2016, people across the nation facing lots of trouble particularly who has the black money in hand. With all the doors locked, people who have black money in hand has no other way to depositing those to their respective bank accounts.

Presently applications for export of SCOMET items are to be mandatory filed online using digital signature as per Para 2.73 (b) of the Handbook of Procedures of FTP 2015-20. The requisite documents in respect of these applications continue to be submitted manually at present.

An employer is liable to pay his contribution in respect of every employee and deduct employees contribution from wages bill and shall pay these contributions at the above specified rates to the Corporation within 21 days of the last day of the Calendar month in which the contributions fall due.