https://www.taxtmi.com/acts?id=41556 Imports and exports are free unless ITC (HS) classifies them as prohibited, restricted, or subject to State Trading Enterprises. Imports must comply with applicable domestic standards unless a specified exemption applies. Restricted goods require authorisation or prescribed permission, while authorisations may impose actual-user, export-obligation, value-addition, security, and validity conditions. IEC registration and prescribed trade documents are generally mandatory. Non-compliance may lead to penalties or placement on the Denied Entity List. The policy also regulates second-hand goods, bonded warehousing, merchanting trade, re-export, export proceeds, country- and product-specific prohibitions, certificates of origin, and self-certification for eligible exporters. en-us Sat, 01 Apr 2023 12:01:24 +0530 Wed, 15 Jul 2026 15:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41556 Imports and exports are free unless ITC (HS) classifies them as prohibited, restricted, or subject to State Trading Enterprises. Imports must comply with applicable domestic standards unless a specified exemption applies. Restricted goods require authorisation or prescribed permission, while authorisations may impose actual-user, export-obligation, value-addition, security, and validity conditions. IEC registration and prescribed trade documents are generally mandatory. Non-compliance may lead to penalties or placement on the Denied Entity List. The policy also regulates second-hand goods, bonded warehousing, merchanting trade, re-export, export proceeds, country- and product-specific prohibitions, certificates of origin, and self-certification for eligible exporters. Act-Rules DGFT Sat, 01 Apr 2023 12:01:24 +0530 https://www.taxtmi.com/acts?id=41556