Ozg Impex Consultant
india.impexconsultant.com
india.impexconsultant.com
Phone #
098.11.41.58.61-72-84-92-94
GENERAL PROVISIONS REGARDING IMPORTS AND EXPORTS
Exports and Imports
free unless regulated 2.1 Exports and Imports shall be free, except in
cases where they are regulated by the provisions of this Policy or any other
law for the time being in force. The item wise export and import policy shall
be, as specified in ITC(HS) published and notified by Director General of
Foreign Trade, as amended from time to time.
Compliance with Laws 2.2 Every
exporter or importer shall comply with the provisions of the Foreign Trade
(Development and Regulation) Act, 1992, the Rules and Orders made thereunder,
the provisions of this Policy and the terms and conditions of any
licence/certificate/permission granted to him, as well as provisions of any
other law for the time being in force. All imported goods shall also be subject
to domestic Laws, Rules, Orders, Regulations, technical specifications,
environmental and safety norms as applicable to domestically produced goods. No
import or export of rough diamonds shall be permitted unless the shipment
parcel is accompanied by Kimberley Process (KP) Certificate required under the
procedure specified by the Gem & Jewellery Export Promotion Council
(GJEPC).
Interpretation of
Policy 2.3 If any question or doubt arises in respect of
the interpretation of any provision contained in this Policy, or regarding the
classification of any item in the ITC(HS) or Handbook (Vol.1) or Handbook
(Vol.2), or Schedule Of DEPB Rate the said question or doubt shall be referred
to the Director General of Foreign Trade whose decision thereon shall be final
and binding.
If any question or doubt arises whether a licence/
certificate/permission has been issued in accordance with this Policy or if any
question or doubt arises touching upon the scope and content of such documents,
the same shall be referred to the Director General of Foreign Trade whose
decision thereon shall be final and binding.
Procedure 2.4 The
Director General of Foreign Trade may, in any case or class of cases, specify
the procedure to be followed by an exporter or importer or by any licensing or
any other competent authority for the purpose of implementing the provisions of
the Act, the Rules and the Orders made thereunder and this Policy. Such
procedures shall be included in the Handbook (Vol.1), Handbook (Vol.2),
Schedule of DEPB Rate and in ITC(HS) and published by means of a Public Notice.
Such procedures may, in like manner, be amended from time to time.
The Handbook (Vol.1) is a supplement to the Foreign Trade
Policy and contains relevant procedures and other details. The procedure of
availing benefits under various schemes of the Policy are given in the Handbook
(Vol.1).
Exemption from
Policy/ Procedure 2.5 Any request for relaxation of the
provisions of this Policy or of any procedure, on the ground that there is
genuine hardship to the applicant or that a strict application of the Policy or
the procedure is likely to have an adverse impact on trade, may be made to the
Director General of Foreign Trade for such relief as may be necessary. The
Director General of Foreign Trade may pass such orders or grant such relaxation
or relief, as he may deem fit and proper.
The Director General of Foreign Trade may, in public
interest, exempt any person or class or category of persons from any provision
of this Policy or any procedure and may, while granting such exemption, impose
such conditions as he may deem fit. Such request may be considered only after
consulting Advance Licensing Committee (ALC) if the request is in respect of a
provision of Chapter-4 (excluding any provision relating to Gem & Jewellery
sector) of the Policy/ Procedure. However, any such request in respect of a
provision other than Chapter-4 and Gem & Jewellery sector as given above
may be considered only after consulting Policy Relaxation Committee.
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:
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