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<h1>Import-export regulation: trade generally free unless designated prohibited or restricted, requiring DGFT authorisation and compliance.</h1> Imports and exports are free except where designated as prohibited, restricted or canalised through STEs under the ITC(HS). DGFT prescribes procedures, mandatory IEC registration, required documents, and authorisation conditions (actual user, export obligation, value/quantity, BG/LUT). Domestic standards apply to imports unless exemptions for export inputs are granted subject to conditions. The Chapter sets out enforcement (penalties, DEL), country-specific prohibitions, bonded warehousing, import-for-export/re-export rules, payment/realisation mechanisms, and self-certification of origin schemes.