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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Key Terms Defined in Foreign Trade (Regulation) Rules 1993: Importer, Exporter, Licensing Authority, Charitable Purpose & More</h1> The Foreign Trade (Regulation) Rules 1993 define key terms related to foreign trade regulation. The 'Act' refers to the Foreign Trade (Development and Regulation) Act, 1992. 'Charitable purpose' includes activities like poverty relief and education. An 'importer' or 'exporter' is someone with a valid Importer Exporter Code. The 'licensing authority' is authorized to grant or renew trade-related licenses. 'Policy' is the foreign trade policy announced by the Central Government. A 'special licence' is granted under specific provisions of the Act. Terms not defined in these rules adopt their meanings from the Act.
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