Ozg Impex Consultant
india.impexconsultant.com
india.impexconsultant.com
Phone #
098.11.41.58.61-72-84-92-94
Licence/Certificate/
Permission not a Right 2.9 No person may claim a
licence/certificate/ permission as a right and the Director General of Foreign
Trade or the licensing authority shall have the power to refuse to grant or
renew a licence/certificate/permission in accordance with the provisions of the
Act and the Rules made there under.
Penalty 2.10 If
a licence/certificate/permission holder violates any condition of the
licence/certificate/ permission or fails to fulfill the export obligation, he
shall be liable for action in accordance with the Act, the Rules and Orders
made there under, the Policy and any other law for the time being in force.
State Trading 2.11 Any
goods, the import or export of which is governed through exclusive or special
privileges granted to State Trading Enterprise(s), may be imported or exported
by the State Trading Enterprise(s) as specified in the
ITC(HS) Book subject to the conditions specified therein.
The Director General of Foreign Trade may, however, grant a
licence/certificate/permission to any other person to import or export any of
these goods. In respect of goods the import or export of which is governed
through exclusive or special privileges granted to State Trading Enterprise(s),
the State Trading Enterprise(s) shall make any such purchases or sales
involving imports or exports solely in accordance with commercial
considerations, including price, quality, availability, marketability,
transportation and other conditions of purchase or sale. These enterprises
shall act in a non discriminatory manner and shall afford the enterprises of
other countries adequate opportunity, in accordance with customary business
practices, to compete for participation in such purchases or sales.
Importer Exporter
Code Number 2.12 No export or import shall be made by any
person without an Importer-Exporter Code (IEC) number unless specifically
exempted. An Importer-Exporter Code (IEC) number shall be granted on
application by the competent authority in accordance with the procedure specified
in the Handbook (Vol.1).
Trade with
Neighbouring Countries 2.13 The Director General of Foreign Trade may
issue, from time to time, such instructions or frame such schemes as may be
required to promote trade and strengthen economic ties with neighbouring
countries.
Transit Facility 2.14 Transit of goods through India from or to
countries adjacent to India shall be regulated in accordance with the bilateral
treaties between India and those countries and will be subject to such restrictions
as may be specified by DGFT in accordance with International Conventions.
Trade with Russia
under Debt-Repayment Agreement 2.15 In the case of trade with Russia under
the Debt Repayment Agreement, the Director General of Foreign Trade may issue,
from time to time, such instructions or frame such schemes as may be required,
and anything contained in this Policy, in so far as it is inconsistent with
such instructions or schemes, shall not apply.
Actual User Condition
2.16
Capital goods, raw materials, intermediates, components,
consumables, spares, parts, accessories, instruments and other goods, which are
importable without any restriction, may be imported by any person.
However, if such imports require a licence/ certificate/permission,
the actual user alone may import such goods unless the actual user condition is
specifically dispensed with by the licensing authority.
Second Hand Goods 2.17 All
second hand goods, excepting second hand capital goods, shall be restricted for
imports and may be imported only in accordance with the provisions of this
Policy, ITC(HS), Handbook (Vol.1), Public Notice or a
licence/certificate/permission issued in this behalf.
Import of second hand capital goods, including refurbished/
reconditioned spares, shall be allowed freely.
Import of samples 2.18 Import
of samples shall be governed by the provisions given in Handbook (Vol.1).
Import of Gifts 2.19 Import of gifts shall be permitted
where such goods are otherwise freely importable under this Policy. In other
cases, a Customs Clearance Permit (CCP) shall be required from the DGFT.
Phone #
098.11.41.58.61-72-84-92-94
Office Timing: Mon - Sat, 9:30 a.m. - 5:30 p.m. IST
Email: ask@impexconsultant.com
Note:
To visit at any Ozg Center, an appointment is required.
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