The FOREIGN TRADE (DEVELOPMENT AND REGULATION) ACT, 1992

PRELIMINARY

Section 1 — Short title and commencement.

(1) This Act may be called the Foreign Trade (Development and Regulation) Act, 1992.

(2) Sections 11 to 14 shall come into force at once and the remaining provisions of this Act shall be deemed to have come into force on the 19th day of June, 1992.

Browse all 29 sections
  1. 1.Short title and commencement.
  2. 2.Definitions.
  3. 3.Powers to make provisions relating to imports and exports.
  4. 4.Continuance of existing orders.
  5. 5.Foreign Trade Policy.
  6. 6.Appointment of Director General and his functions.
  7. 7.Importer-exporter Code Number.
  8. 8.Suspension and cancellation of Importer-exporter Code Number.
  9. 9.Issue, suspension and cancellation of licence.
  10. 9A.Power of Central Government to impose quantitative restrictions.
  11. 10.Power relating to search and seizure.
  12. 11.Contravention of provisions of this Act, rules, orders and foreign trade policy.
  13. 11A.Crediting sums realised by way of penalties in Consolidated Fund of India.
  14. 11B.Empowering Settlement Commission for regularisation of export obligation default.
  15. 12.Penalty or confiscation not to interfere with other punishment.
  16. 13.Adjudicating Authority.
  17. 14.Giving of opportunity to the owner of the goods (including the goods connected with services or technology), etc.
  18. 14A.Controls on export of specified goods, services and technology.
  19. 14B.Transfer controls.
  20. 14C.Catch-all controls.
  21. 14D.Suspension or cancellation of a licence.
  22. 14E.Offences and penalties.
  23. 15.Appeal.
  24. 16.Review.
  25. 17.Powers of Adjudicating and other Authorities.
  26. 18.Protection of action taken in good faith.
  27. 18A.Application of other laws not barred.
  28. 19.Power to make rules.
  29. 20.Repeal and savings.