LawgistAll Acts
Foreign Trade (Development and Regulation) Act
An Act to provide for the development and regulation of foreign trade by facilitating imports into, and augmenting exports from, India and for matters connected therewith or incidental thereto.
| Act Id | 199222 |
| Act Number | 22 |
| Enactment Date | 1992-08-07 |
| Act Year | 1992 |
| Ministry | Ministry of Commerce and Industry |
| Enforcement Date | 19-06-1992 |
- All sections
- 1 Short title and commencement
- 2 Definitions
- 3 Powers to make provisions relating to imports and exports
- 4 Continuance of existing orders
- 5 Foreign Trade Policy
- 6 Appointment of Director General and his functions
- 7 Importer-exporter Code Number
- 8 Suspension and cancellation of Importer-exporter Code Number
- 9 Issue, suspension and cancellation of licence
- 9A Power of Central Government to impose quantitative restrictions
- 10 Power relating to search and seizure
- 11 Contravention of provisions of this Act, rules, orders and foreign trade policy
- 11A Crediting sums realised by way of penalties in Consolidated Fund of India
- 11B Empowering Settlement Commission for regularisation of export obligation default
- 12 Penalty or confiscation not to interfere with other punishment
- 13 Adjudicating Authority
- 14 Giving of opportunity to the owner of the goods (including the goods connected with services or technology), etc
- 14A Controls on export of specified goods, services and technology
- 14B Transfer controls
- 14C Catch-all controls
- 14D Suspension or cancellation of a licence
- 14E Offences and penalties
- 15 Appeal
- 16 Review
- 17 Powers of Adjudicating and other Authorities
- 18 Protection of action taken in good faith
- 18A Application of other laws not barred
- 19 Power to make rules
- 20 Repeal and savings
