TaxTMI 
TaxTMI 
SCOMET Export permission for 'Stock & Sale' purposes
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.... a) Application for Authorization for Export of SCOMET items for 'Stock & Sale' purpose to the Stockist i. Export shall be permitted only from the principal company/the wholly owned subsidiary in India to their subsidiaries/principal company abroad on the basis of an End Use cum End User certificate (EUC) from the latter for 'stock & sale' purposes (as per Appendix 2S(iii)), when considered appropriate from the point of view of security and other critical considerations. The exhaustive list of countries to which exports would be done by the stockist needs to be indicated in the EUC for 'stock & sale' purposes. Documentary proof regarding relationship between exporter and stockist entity needs to be submitted at the time of application. ii. The Stock & Sale Authorization holder would submit a statement of exports made from India, inventory with the stockist and transfers made to final end-users as on December 31st of each calendar year by 31st January of the following year. A consolidated statement would be required to be submitted within a period of 3 months from the expiry of the Stock & Sale Authorization. ....
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....note an independent sovereign entity which is a distinct national entity in political geography. Hence, transfers within an economic union or a customs union would not qualify as "same country transfers". (iii) Re-export outside the country by the stockist :- Application for re-export by the stockist entity to entity(ies) outside its country, shall be forwarded by the stockist entity to the Indian applicant/licensee, with the required documents from all links in chain of supply for the purpose of submission to DGFT(Hq) for seeking prior permission for such transfer. (iv) Applications for re-export/re-transfer of SCOMET items from the stockist entity to the end-user for repeat orders shall be considered by IMWG on automatic basis, subject to the condition that the product along with the technical specifications; the foreign buyer; the consignee or the intermediaries, if any; the end user; the end use and the country of destination, shall be the same as the earlier permission. 3. ANF 2O(a), required for application for re-export/re-transfer of items from the stockist entity to the ultimate end-user, is being annexed with this Public Notice....
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....calit ii. Addres y S City Country Postal Code iii. = Country Code Area Code Tel.No. Tele pho (1) ne No. (2) Country Code Area Code Fax No. iv. Fax No. v. E-mail 6C.End User Details: i. Name Flat/Plot/Block No. Street/Area/Localit ii. y Address City Country lii Tele No. iv. Fax No. V. E-mail Postal Code Tel.No. Country Code Area Code (1) (2) Country Code Area Code Fax No. vi. End product for which the item of export will be used by the end user vii. Purpose for which the end product will be utilized viii. Is end user an entity of Government of destination country? ix. Manufacturing/Business/ other activity of the end user 7.If applied for re-export on repeat basis under the same 'Stock & Sale' authorization for same product, same end use and to the same end user, please furnish: i. Reference Number and date vide which earlier permission was granted iii. Quantity allowed for export iv. Quantity exported on the date of this application 8. Details of 'Stock & Sale' authorization under whi....
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.... Registered Office of the company / Head Office of the firm / nor any of its Branch Office(s)/ Unit(s)/ Division(s) has been declared a defaulter and has otherwise been made ineligible for undertaking import/export under any of the provisions of the Policy; D. We have neither obtained nor applied for issuance of an Importer Exporter Code Number in the name of our Registered / Head Office to any other Licensing Authority. 1/ We hereby declare that I/We have neither obtained nor applied for such benefits (including issuance of an Importer Exporter Code Number) in the name of our Registered / Head Office or any of our Branch(s) / Unit(s) / Division(s) to any other Regional Authority. We have complied with the conditions of all previous licences / authorisations issued to us for export of SCOMET items and wherever required have duly intimated the o/o DGFT, New Delhi along with documentary evidence regarding receipt of the items of export by the end-user within the stipulated time. I/We undertake to abide by the provisions of the FT (D & R) Act, 1992, as amended, the Rules and Orders framed there under, FTP, HBP and ITC (HS) and submit all requisit....