The DGFT amended Para 10.10 of the Handbook of Procedures (HBP) ...

Expanded SCOMET Export Rules Redefine Stockist Categories and Authorization Procedures for Technology Transfers

May 7, 2025

Circulars DGFT

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.

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The DGFT amended Para 10.10 of the Handbook of Procedures (HBP) ...

Expanded SCOMET Export Rules Redefine Stockist Categories and Authorization Procedures for Technology Transfers

May 7, 2025

Circulars DGFT

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