Merchanting trade rules expanded to permit intra-foreign-country shipments with Indian intermediaries subject to RBI guidelines and CITES/SCOMET exceptions. Merchanting trade is permitted where goods are shipped from one foreign country to another or within a single foreign country involving an Indian intermediary, subject to RBI guidelines, and excluding goods listed in the CITES Appendices or regulated under SCOMET.
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Provisions expressly mentioned in the judgment/order text.
Merchanting trade rules expanded to permit intra-foreign-country shipments with Indian intermediaries subject to RBI guidelines and CITES/SCOMET exceptions.
Merchanting trade is permitted where goods are shipped from one foreign country to another or within a single foreign country involving an Indian intermediary, subject to RBI guidelines, and excluding goods listed in the CITES Appendices or regulated under SCOMET.
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