SCOMET Export permission for 'Stock & Sale' purposes and for export of spare parts
THE DGFT has incorporated para 2.79A and para 2.79B in Handbook of Procedure 2015-2020.
This will have the following effect -
i. The provision of SCOMET [Special Chemicals, Organisms, Materials, Equipment & Technology items] export permission for 'stock & sale' purpose will facilitate bulk export which may cater to orders of multiple end users from the 'stock point' subject to subsequent permission of the licensing authority for re-transfer to definite end user.
ii. The facility for permission for export of spare parts along with the main equipment will obviate the need for seeking permission for spares through a separate application.
iii. Both the measures will have the effect of reducing the transaction time and cost.
DGFT Public Notice 60/2015-20, Dated: February 3, 2016