Foreign Trade (Development and Regulation) Act, 1992 (India)

E655900

The Foreign Trade (Development and Regulation) Act, 1992 is an Indian law that provides the statutory basis for formulating and regulating the country’s foreign trade policy, including export and import controls and related administrative mechanisms.

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Statements (49)

Predicate Object
instanceOf Act of Parliament of India
Indian statute
administeredBy Directorate General of Foreign Trade NERFINISHED
Ministry of Commerce and Industry (India) NERFINISHED
appliesTo exporters in India
importers in India
persons engaged in foreign trade with India
contains provisions for canalised items
provisions for enforcement of foreign trade policy
provisions for export and import licensing procedures
provisions for notified restricted items
provisions for prohibited items in foreign trade
country India
empowers Central Government of India NERFINISHED
Director General of Foreign Trade NERFINISHED
enactedBy Parliament of India NERFINISHED
jurisdiction Union of India NERFINISHED
legalBasisFor Foreign Trade Policy of India NERFINISHED
export promotion schemes
import management framework
longTitle 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 NERFINISHED
providesFor adjudication of offences under the Act
appeals against orders passed under the Act
appointment of Director General of Foreign Trade
appointment of officers to assist the Director General of Foreign Trade
export and import controls
formulation of India’s foreign trade policy
licensing of imports and exports
penalties for contravention of foreign trade regulations
powers of the Central Government to make foreign trade policy
prohibition and restriction of imports and exports
quantitative restrictions on imports and exports
registration of exporters and importers
regulation of exports
regulation of imports
search, seizure and confiscation of goods in foreign trade violations
purpose augmentation of exports from India
development of foreign trade
facilitation of imports into India
regulation of foreign trade
replaced Imports and Exports (Control) Act, 1947 NERFINISHED
scope all goods and services involved in foreign trade unless specifically exempted
shortTitle Foreign Trade (Development and Regulation) Act, 1992 NERFINISHED
subjectMatter exports
foreign trade
imports
typeOfLaw economic regulation law
trade regulation law
yearOfEnactment 1992

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Indian Customs legalFramework Foreign Trade (Development and Regulation) Act, 1992 (India)