Definitions in Foreign Trade Policy: core terms like Authorisation, Capital Goods, Export Obligation clarified for trade regulation. Chapter 9 supplies the operative glossary for the Foreign Trade Policy, defining core legal terms that determine eligibility, permissions and transactional classifications. It defines Authorisation, Actual User (industrial and non industrial), and categories of economic actors including Importer, Exporter, and Service Provider. It specifies goods classifications-Capital Goods, Consumables, Components, Spares, and Raw Material-and trade mechanisms like Counter Trade and Third party exports. It also fixes institutional and geographic labels such as SEZ, EOU, and DTA, and defines Export Obligation and governance authorities relevant for administering FTP entitlements.
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Definitions in Foreign Trade Policy: core terms like Authorisation, Capital Goods, Export Obligation clarified for trade regulation.
Chapter 9 supplies the operative glossary for the Foreign Trade Policy, defining core legal terms that determine eligibility, permissions and transactional classifications. It defines Authorisation, Actual User (industrial and non industrial), and categories of economic actors including Importer, Exporter, and Service Provider. It specifies goods classifications-Capital Goods, Consumables, Components, Spares, and Raw Material-and trade mechanisms like Counter Trade and Third party exports. It also fixes institutional and geographic labels such as SEZ, EOU, and DTA, and defines Export Obligation and governance authorities relevant for administering FTP entitlements.
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