SCOMET Export permission for ‘Stock & Sale' purposes and for export of spare parts

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.... Sale' purposes and for export of spare parts. In Exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade, hereby, incorporates para 2.79A and para 2.79B in Handbook of Procedure 2015-2020 as under: 2.            2.79A.   Export permission for "Stock ....

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....ll obtain the EUC from each link in the supply chain and forward the same to the Indian applicant/licensee for the purpose of submission to licensing authority,  i.e.  DGFT for seeking prior permission for such transfer. The IMWG may, however, relax this requirement of prior permission based on a Risk Assessment for such within same country sale/transfer. (b) In case of' ret....

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....sessment thereof, and provide the justification for the same. 4.            Effect of this Public Notice: i  The  provision  of SCOMET export  permission  for  'stock & sale' purposes will facilitate bulk export which may cater to orders of multiple end users from the 'stock point' subj....