Stock and Sale export authorisation for SCOMET items requires specified end use certificates and IMWG approval before re export. Amendments permit bulk export of SCOMET items from an Indian exporter to a foreign stockist (a foreign principal/subsidiary) on the basis of prescribed applications and End-Use/End-User Certificates; IMWG grants export authorization to the stockist and in-principle approval for re-export to specified countries, while transfers within the stockist's country and re-exports to pre-approved countries require post-transfer reporting to DGFT and re-exports to other countries require separate IMWG consideration with full end-use documentation.
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Provisions expressly mentioned in the judgment/order text.
Stock and Sale export authorisation for SCOMET items requires specified end use certificates and IMWG approval before re export.
Amendments permit bulk export of SCOMET items from an Indian exporter to a foreign stockist (a foreign principal/subsidiary) on the basis of prescribed applications and End-Use/End-User Certificates; IMWG grants export authorization to the stockist and in-principle approval for re-export to specified countries, while transfers within the stockist's country and re-exports to pre-approved countries require post-transfer reporting to DGFT and re-exports to other countries require separate IMWG consideration with full end-use documentation.
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