Importer or exporter definition expanded to include services and technology, requiring a valid importer exporter code under the Act. Rule 2 defines key terms: the Act is the Foreign Trade (Development and Regulation) Act, 1992; charitable purpose includes public utility activities; importer or exporter includes persons dealing in goods, services or technology holding a valid Importer Exporter Code; licensing authority is empowered under section 9 to grant or renew licences and instruments conferring fiscal benefits; Policy means the foreign trade policy under section 5; section references are to the Act; special licence and value are given statutory meanings; undefined terms take their meanings from the Act. Amendments have substituted, omitted and re lettered certain clauses.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Importer or exporter definition expanded to include services and technology, requiring a valid importer exporter code under the Act.
Rule 2 defines key terms: the Act is the Foreign Trade (Development and Regulation) Act, 1992; charitable purpose includes public utility activities; importer or exporter includes persons dealing in goods, services or technology holding a valid Importer Exporter Code; licensing authority is empowered under section 9 to grant or renew licences and instruments conferring fiscal benefits; Policy means the foreign trade policy under section 5; section references are to the Act; special licence and value are given statutory meanings; undefined terms take their meanings from the Act. Amendments have substituted, omitted and re lettered certain clauses.
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