Definitions in foreign trade rules clarify importer-exporter status, licensing authority, and alignment with customs valuation. Definitions set foundational terminology for the Foreign Trade (Regulation) Rules, specifying that an importer or exporter is a person holding a valid Importer-Exporter Code, a licensing authority is an authority authorised to grant or renew licences, charitable purpose includes relief of the poor, education and medical relief, and value adopts the customs meaning; undefined terms take meanings assigned in the governing Act.
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.
Definitions in foreign trade rules clarify importer-exporter status, licensing authority, and alignment with customs valuation.
Definitions set foundational terminology for the Foreign Trade (Regulation) Rules, specifying that an importer or exporter is a person holding a valid Importer-Exporter Code, a licensing authority is an authority authorised to grant or renew licences, charitable purpose includes relief of the poor, education and medical relief, and value adopts the customs meaning; undefined terms take meanings assigned in the governing Act.
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