https://www.taxtmi.com/acts?id=30924 Imports and exports are free except where ITC (HS) or DGFT notifications impose prohibition, restriction or exclusive State Trading Enterprise trading. ITC (HS) classifies goods and indicates import/export regimes; restricted items require Authorisations with specified terms (actual user, export obligation, guarantees, validity). IEC is mandatory; documentary, customs, warehousing and bonded procedures for import, export, repair, re export and transit are prescribed. Specific prohibitions, SCOMET controls and country specific embargoes and payment/realisation rules are set out, with enforcement including penal action and Denied Entity listing. en-us Wed, 06 Dec 2017 17:31:26 +0530 Sat, 12 Nov 2022 15:13:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30924 Imports and exports are free except where ITC (HS) or DGFT notifications impose prohibition, restriction or exclusive State Trading Enterprise trading. ITC (HS) classifies goods and indicates import/export regimes; restricted items require Authorisations with specified terms (actual user, export obligation, guarantees, validity). IEC is mandatory; documentary, customs, warehousing and bonded procedures for import, export, repair, re export and transit are prescribed. Specific prohibitions, SCOMET controls and country specific embargoes and payment/realisation rules are set out, with enforcement including penal action and Denied Entity listing. Act-Rules DGFT Wed, 06 Dec 2017 17:31:26 +0530 https://www.taxtmi.com/acts?id=30924