Extract From The Export And Import Policy 2002-2007
Central · 2007
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Chapter Chapter 1
- 1-CHAPTER-1The section outlines the Central Government's notification of the Export and Import Policy for 2002-2007, reserving the right to amend it.
- 1-CHAPTER-1-2The section outlines the main goals of the Export and Import Policy to boost exports, economic growth, technological advancement, and fair competition.
- 1-CHAPTER-1-3Section outlines coordinated efforts by Indian government departments to promote trade in goods and services.
Chapter Chapter 2
- 2-CHAPTER-2Section mandates exporters and importers to adhere to Foreign Trade Act, related rules, this policy, licenses, and domestic laws for imported goods.
- 2-CHAPTER-2-2The section resolves interpretation and classification doubts, and license/certificate issues, referring them to the Director General of Foreign Trade for final decisions.
- 2-CHAPTER-2-3Section specifies that restricted goods can only be exported or imported with a required licence, certificate, permission, or public notice.
- 2-CHAPTER-2-4Section outlines penalties for violating licence/certificate/permission terms or export obligations under the Act.
- 2-CHAPTER-2-5Section allows State Trading Enterprises exclusive import/export privileges but mandates non-discriminatory commercial practices.
Chapter Chapter 4
Chapter Chapter 9
- 9-CHAPTER-9Defines terms and expressions used in the Export and Import Policy 2002-2007.
- 9-CHAPTER-9-10Defines "person" to include individuals, firms, societies, companies, corporations, or any other legal entity.
- 9-CHAPTER-9-11Defines "Policy" as the Export and Import Policy, 2002-07, as amended.
- 9-CHAPTER-9-12—
- 9-CHAPTER-9-13Defines "ships" as all types of vessels used for sea or coastal trade, including second-hand ones.
- 9-CHAPTER-9-14Section prohibits import of wild animals and bird eggs, permits import of live animals with licenses, and regulates import of living plants and seeds.
- 9-CHAPTER-9-2Section defines "Act" as the Foreign Trade (Development and Regulation) Act, 1992 for the Export and Import Policy 2002-2007.
- 9-CHAPTER-9-3Defines "Exporter" as a person exporting or intending to export with an Importer-Exporter Code, unless exempted.
- 9-CHAPTER-9-4Defines "Importer" as a person importing goods with an Importer-Exporter Code unless exempted.
- 9-CHAPTER-9-5—
- 9-CHAPTER-9-6Defines "manufacture" as creating a new product by making, producing, or assembling it.
- 9-CHAPTER-9-7—
- 9-CHAPTER-9-8—
- 9-CHAPTER-9-9Section defines "part" as an element of a sub-assembly or assembly not useful alone and not amendable for maintenance.