Notification/Circular No.: Public Notice No. 04/2025-2026
Document Date: May 6, 2025
Applicable Act/Rule: Foreign Trade Policy, 2023
Applicable Section/Rule: Para 10.10 of the Handbook of Procedures (HBP), 2023
Broader definition of ‘Stockist’ – It now includes more types of companies like Original Equipment Manufacturers (OEMs), Electronic Manufacturing Services (EMS), and Contract Manufacturers (CM), not just subsidiaries or parent companies.
Documents Required – Exporters must submit clear evidence of:
Simplified Process for Some Countries – Once the export to a stockist is approved:
Extra Permission for New Countries – If the stockist wants to sell to new countries not approved earlier, the Indian exporter must apply for fresh permission with full documentation.
Repeat Orders Made Easier – If the same item is being sent again to the same stockist and same countries, approval is faster.
Annual Reporting Required – Exporters must report by January 31 every year how much was sent, what was sold, and what is still in stock.
Strict Compliance Rules – If there’s any risk the items could be used for military or weapons of mass destruction, a new separate approval is required.
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