Act 22 of 1992

The Foreign Trade (Development and Regulation) Act, 1992

An Act to provide for the development and regulation of foreign trade by facilitating imports into, and augmenting exports from, India and for matters connected therewith or incidental thereto.

Ministry of Commerce and Industry
Department of Commerce
Enacted 1992-08-07
29 sections

Section	Title
1	Short title and commencement.	Read
2	Definitions.	Read
3	Powers to make provisions relating to imports and exports.	Read
4	Continuance of existing orders.	Read
5	Foreign Trade Policy.	Read
6	Appointment of Director General and his functions.	Read
7	Importer-exporter Code Number.	Read
8	Suspension and cancellation of Importer-exporter Code Number.	Read
9	Issue, suspension and cancellation of licence.	Read
9A	Power of Central Government to impose quantitative restrictions.	Read
10	Power relating to search and seizure.	Read
11	Contravention of provisions of this Act, rules, orders and foreign trade policy.	Read
11A	Crediting sums realised by way of penalties in Consolidated Fund of India.	Read
11B	Empowering Settlement Commission for regularisation of export obligation default.	Read
12	Penalty or confiscation not to interfere with other punishment.	Read
13	Adjudicating Authority.	Read
14	Giving of opportunity to the owner of the goods (including the goods connected with services or technology), etc.	Read
14A	Controls on export of specified goods, services and technology.	Read
14B	Transfer controls.	Read
14C	Catch-all controls.	Read
14D	Suspension or cancellation of a licence.	Read
14E	Offences and penalties.	Read
15	Appeal.	Read
16	Review.	Read
17	Powers of Adjudicating and other Authorities.	Read
18	Protection of action taken in good faith.	Read
18A	Application of other laws not barred.	Read
19	Power to make rules.	Read
20	Repeal and savings.	Read