https://www.taxtmi.com/acts?id=11647 Imports and exports are free except as regulated by FTP, ITC (HS) or other law; specific prohibitions and Authorisation requirements apply. DGFT has final interpretive authority, may prescribe procedures and grant exemptions subject to conditions and committee consultation. Restricted goods move only under Authorisation; Authorisations are time bound, conditional and not a right, with non compliance actionable under FT (D&R) Act. Operational rules address IEC, actual user condition, second hand goods, bonded warehouses, clearance procedures, export realisation and facilitation measures including EDI, service tax exemptions and grievance redressal mechanisms. en-us Fri, 27 Aug 2010 11:36:53 +0530 Fri, 13 Apr 2012 16:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11647 Imports and exports are free except as regulated by FTP, ITC (HS) or other law; specific prohibitions and Authorisation requirements apply. DGFT has final interpretive authority, may prescribe procedures and grant exemptions subject to conditions and committee consultation. Restricted goods move only under Authorisation; Authorisations are time bound, conditional and not a right, with non compliance actionable under FT (D&R) Act. Operational rules address IEC, actual user condition, second hand goods, bonded warehouses, clearance procedures, export realisation and facilitation measures including EDI, service tax exemptions and grievance redressal mechanisms. Act-Rules DGFT Fri, 27 Aug 2010 11:36:53 +0530 https://www.taxtmi.com/acts?id=11647