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TMI BlogSCOMET Export permission for 'Stock & Sale' purposesX X X X Extracts X X X X X X X X Extracts X X X X ..... he SCOMET items are originally exported by Indian principal/wholly owned subsidiary. The Stockist entity should be a subsidiary/principal company abroad of the Indian exporter. ii) Applications for grant of authorization for export of SCOMET items for 'Stock & Sale' purpose shall be evaluated/considered by IMWG subject to the conditions prescribed as under. a) Application for Authorization for Export of SCOMET items for 'Stock & Sale' purpose to the Stockist i. Export shall be permitted only from the principal company/the wholly owned subsidiary in India to their subsidiaries/principal company abroad on the basis of an End Use cum End User certificate (EUC) from the latter for 'stock & sale' purposes (as per Appe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tockist entity) to the end-user to be submitted to DGFT(Hq) as per ANF 2O(a) along with the following documents (hereinafter referred to as required documents):- a) End-use/End-user certificate from each link in the supply chain as per Appendix 2S (i)/2S(ii), as applicable b) Purchase orders/Invoices c) Technical specifications of the product to be transferred (only if there is any value addition in the product by the stockist) (ii) Re-transfer within the same country by the stockist:- a) For any further transfer of these items by the stockist entity to whom the items are originally exported by Indian principal/wholly owned subsidiary) to entity (ies), including end users, in the same country, the former shall obtain the required ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat the product along with the technical specifications; the foreign buyer; the consignee or the intermediaries, if any; the end user; the end use and the country of destination, shall be the same as the earlier permission. 3. ANF 2O(a), required for application for re-export/re-transfer of items from the stockist entity to the ultimate end-user, is being annexed with this Public Notice. 4. Appendix- 2S (iii), the format for the End use cum End User Certificate (EUC) in case of export of SCOMET items for stock and sale purpose, is being annexed with this Public Notice. 5. Effect of this Public Notice: The provision of SCOMET export authorization for "Stock and Sale" has been clarified and the procedure to be followed when seek ..... X X X X Extracts X X X X X X X X Extracts X X X X
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