In force
The Foreign Trade (Development and Regulation) Act, 1992
24 sections · As amended up to 2026-08
Sections
- I — PRELIMINARY
- 1Short title and commencement
- VI — MISCELLANEOUS
- 2The Imports and Exports (Control) Act, 1947 was made in different circumstances. Although it has bee
- 3It is, therefore, considered necessary to enact a new law repealing the existing law. The Bill intends to achieve these objectives
- II — POWER OF CENTRAL GOVERNMENT TO MAKE ORDER AND ANNOUNCE[2] [FOREIGN TRADE POLICY]
- 4Continuance of existing orders
- 6Appointment of Director General and his functions
- III — IMPORTER-EXPORTER CODE NUMBER AND LICENCE
- 7Importer-exporter Code Number
- 9Issue, suspension and cancellation of licence
- 9APower of Central Government to impose quantitative restrictions
- IV — SEARCH, SEIZURE, PENALTY AND CONFISCATION
- 10Power relating to search and seizure
- 11BEmpowering Settlement Commission for regularisation of export obligation default
- 12Penalty or confiscation not to interfere with other punishments
- 13Adjudicating Authority
- 14Giving of opportunity to the owner of the[1] [goods (including the goods connected with services or technology)], etc
- 14AControls on export of specified goods, services and technology
- 14BTransfer controls
- 14CCatch-all controls
- 14DSuspension or cancellation of a licence
- 14EOffences and penalties
- V — APPEAL AND[1] [REVIEW]
- 15Appeal
- 16Review
- 17Powers of Adjudicating and other Authorities
- VI — MISCELLANEOUS
- 18Protection of action taken in good faith
- 19Power to make rules
- 20Repeal and savings