What is deemed export license type in SAP LO - Logistics - General?

SAP Term: deemed export license type

• Component: LO

• Component Name: Logistics - General

• Description: In India, the sort of license that a company needs to obtain to purchase goods under the deeemed exports scheme. Different types of license are available, for example CT-1 or CT-2.

Smart SAP Assistant

• Key Concepts: 
  Deemed export license type is a type of license that is required for the export of goods from one country to another. It is based on the assumption that the goods will be used in the country of origin and not exported. This type of license is typically used when goods are being shipped to a third country, but the ultimate destination is unknown. 
  
  How to use it: 
  In order to obtain a deemed export license type, companies must provide information about the goods being exported, including their origin, destination, and purpose. Companies must also provide proof that the goods will not be re-exported or used for any other purpose than what was originally stated. Once all of this information has been provided, the company can then apply for a deemed export license type. 
  
  Tips & Tricks: 
  When applying for a deemed export license type, it is important to ensure that all of the information provided is accurate and up-to-date. Additionally, companies should be aware of any restrictions or regulations that may apply to their particular situation. 
  
  Related Information: 
  The SAP Logistics - General component contains information about deemed export license types and other related topics. Additionally, companies can find more information about deemed export licenses on the websites of their respective governments or trade organizations.