https://www.taxtmi.com/highlights?id=88141 The DGFT amended Para 10.10 of the Handbook of Procedures (HBP) 2023, introducing a revised framework for Stock & Sale Authorization of SCOMET Items. The amendment broadens the definition of 'Stockist' to include subsidiaries, parent companies, affiliates, and Original Equipment Manufacturers. The policy establishes a comprehensive procedure for export authorization, requiring detailed documentation including end-user certificates, corporate relationship proof, and technical specifications. Key modifications include simplified re-export processes, post-reporting requirements for transfers, and annual inventory reporting. The amendment aims to provide more flexible yet controlled mechanisms for exporting sensitive technological items while maintaining robust end-user verification protocols. en-us Wed, 07 May 2025 18:35:00 +0530 Wed, 07 May 2025 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88141 The DGFT amended Para 10.10 of the Handbook of Procedures (HBP) 2023, introducing a revised framework for Stock & Sale Authorization of SCOMET Items. The amendment broadens the definition of 'Stockist' to include subsidiaries, parent companies, affiliates, and Original Equipment Manufacturers. The policy establishes a comprehensive procedure for export authorization, requiring detailed documentation including end-user certificates, corporate relationship proof, and technical specifications. Key modifications include simplified re-export processes, post-reporting requirements for transfers, and annual inventory reporting. The amendment aims to provide more flexible yet controlled mechanisms for exporting sensitive technological items while maintaining robust end-user verification protocols. Highlights DGFT Wed, 07 May 2025 18:35:00 +0530 https://www.taxtmi.com/highlights?id=88141