Stock and Sale export authorizations: permitted to overseas stockists subject to end-use certifications and IMWG approvals. Amendments permit bulk export of SCOMET items under the Stock and Sale policy from an Indian exporter to an overseas stockist (subsidiary/parent/affiliate/OEM/EMS/CM) subject to documentary proof of relationship, an End Use/End User Certificate listing destination countries, purchase documentation, technical specifications and compliance documents; IMWG grants authorization and in-principle re-export approvals to specified countries, while re-exports to non-preapproved countries require fresh application with EUCs and supporting documents and will be considered on end-use verification. Reporting, annual inventory statements and penalties for non-compliance apply.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Stock and Sale export authorizations: permitted to overseas stockists subject to end-use certifications and IMWG approvals.
Amendments permit bulk export of SCOMET items under the Stock and Sale policy from an Indian exporter to an overseas stockist (subsidiary/parent/affiliate/OEM/EMS/CM) subject to documentary proof of relationship, an End Use/End User Certificate listing destination countries, purchase documentation, technical specifications and compliance documents; IMWG grants authorization and in-principle re-export approvals to specified countries, while re-exports to non-preapproved countries require fresh application with EUCs and supporting documents and will be considered on end-use verification. Reporting, annual inventory statements and penalties for non-compliance apply.
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