Amendment in Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) and in supersession of Notification S.O.24(E) dated 20th January 1999 as amended vide Notification S.O. 194(E) dated 6th March 2000 and Notification S.O.1534 (E) dated 14th September 2006- reg.
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Delegation of powers under Section 13 to specified FT officers with prescribed value limits and SEZ exception.
The Central Government authorizes specified DGFT officers to exercise powers under Section 13 read with Section 11 of the Foreign Trade Act, 1992, superseding prior notifications; a table prescribes monetary limits for each designated post, and the Development Commissioner, SEZ has unlimited authority for Export Oriented Units and units in Special Economic Zones.