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Section 2 – The Foreign Trade (Development and Regulation) Act,1992

The Foreign Trade (Development and Regulation)

 

2. Definitions – In this Act, unless the context otherwise requires, –

 

(a) “Adjudicating Authority” means the authority specified in, or under, state sub section (1) of section 15;

 

(b) “Appellate Authority” means the authority specified in, or under, state sub section (1) of section 15;

 

(c) “Conveyance” means any vehicle, vessel, aircraft of any other means of transport including any animal:

 

(d) “Director General” means the Director General of Foreign Trade appointed under section 6;

 

(e) “Import” and “export” means respectively bringing into, or taking out of, India any goods by land , sea or air;

 

(f) “Importer- exporter Code Number” means the Code Number granted under section 7;

 

(g) “Licence” means a licence to import or export and includes a customs clearance permit and any other permission issued or granted under this Act:

 

(h) “Order” means any Order made by the Central Government under section 3: and

 

(i) “Prescribed’ means prescribed by rules made under this Act.

 

 

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The Foreign Trade (Development and Regulation) Act,1992

 

Indian Laws – Bare Acts

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