Import and export policy under the Foreign Trade Policy sets free trade as default, with restrictions, compliance rules, and authorisation controls. General import and export policy under the Foreign Trade Policy, 2023 provides that goods and services are generally free unless regulated as prohibited, restricted, or canalised through State Trading Enterprises under ITC (HS), and some free items remain subject to other domestic laws. The chapter also prescribes ITC (HS) classification, domestic law compliance, limited quality control exemptions for export-linked imports, and the IEC, documentation, authorisation, and authorisation-condition framework for import and export activity.
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Provisions expressly mentioned in the judgment/order text.
Import and export policy under the Foreign Trade Policy sets free trade as default, with restrictions, compliance rules, and authorisation controls.
General import and export policy under the Foreign Trade Policy, 2023 provides that goods and services are generally free unless regulated as prohibited, restricted, or canalised through State Trading Enterprises under ITC (HS), and some free items remain subject to other domestic laws. The chapter also prescribes ITC (HS) classification, domestic law compliance, limited quality control exemptions for export-linked imports, and the IEC, documentation, authorisation, and authorisation-condition framework for import and export activity.
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