The Foreign Trade (Development and Regulation) Act

Short title and commencement

Definitions

Powers to make provisions relating to imports and exports

Continuance of existing orders

Foreign Trade Policy

Appointment of Director General and his functions

Importer-exporter Code Number

Suspension and cancellation of Importer-exporter Code Number

Issue, suspension and cancellation of licence

Power of Central Government to impose quantitative restrictions

Power relating to search and seizure

Contravention of provisions of this Act, rules, orders and foreign trade policy

Crediting sums realised by way of penalties in Consolidated Fund of India

Empowering Settlement Commission for regularisation of export obligation default

Penalty or confiscation not to interfere with other punishment

Adjudicating Authority

Giving of opportunity to the owner of the goods (including the goods connected with services or  technology), etc

Controls on export of specified goods, services and technology

Transfer controls

Catch-all controls

Suspension or cancellation of a licence

Offences and penalties

Appeal

Review

Powers of Adjudicating and other Authorities

Protection of action taken in good faith

Application of other laws not barred

Power to make rules

Repeal and savings

All sections

(1) This Act may be called the Foreign Trade (Development
and Regulation) Act, 1992.

(2) Sections 11 to 14 shall come into force at once and the remaining provisions of this Act shall be
deemed to have come into force on the 19th day of June, 1992.

LAWGIST

# 1 Short title and commencement