SCOMET Export permission for 'Stock & Sale' purposes

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....e SCOMET items are originally exported by Indian principal/wholly owned subsidiary. The Stockist entity should be a subsidiary/principal company abroad of the Indian exporter. ii) Applications for grant of authorization for export of SCOMET items for 'Stock & Sale' purpose shall be evaluated/considered by IMWG subject to the conditions prescribed as under. 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 Appen....

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....ockist entity) to the end-user to be submitted to DGFT(Hq) as per ANF 2O(a) along with the following documents (hereinafter referred to as required documents):- a) End-use/End-user certificate from each link in the supply chain as per Appendix 2S (i)/2S(ii), as applicable b) Purchase orders/Invoices c) Technical specifications of the product to be transferred (only if there is any value addition in the product by the stockist) (ii) Re-transfer within the same country by the stockist:- a) For any further transfer of these items by the stockist entity to whom the items are originally exported by Indian principal/wholly owned subsidiary) to entity (ies), including end users, in the same country, the former shall obtain the required d....