Foreign trade development and regulation act, 1992. Section 112 of foreign trade development and regulation. This act was established on the 7 th of august in the year 1992. Nov 26, 2009 authorized person can search whether goods are imported or exported under term and conditions of ftdr act 1992. The foreign trade exemption from application in certain cases order, 1993 notification dated 31st december, 1993 download 655.
The department vide its letter dated 2642016 replied to the letter dated 2242016 and asked the petitioner to file reply latest by 852016 failing which such action as deemed fit under ftdr act, 1992 will be initiated against him apart from placing the petitioner firm in del without any prior intimation. The foreign trade policy 20152020 is governed by the foreign trade development and regulation act, 1992. Penalty for contravention if anybody contravenes the rules and regulations of ftdr act 1992, then he has to give rupees or 5 times of value of goods involve whichever is more. The basic objective of foreign trade development and regulation ftdr act 1992 is to provide a frame work for development and regulation of foreign trade by facilitating imports into the country, as well as, taking measures to increase exports from india and any other related matters. May 01, 2011 foreign trade regulation in india anupam singh gautam10810012 u. Foreign trade development and regulation act, 1992 ipleaders. Contravention of provisions of this act, rules, orders and foreign trade policy section 11a crediting sums realized by way of penalties in consolidated fund of india. If so debarred under ftdr act, details of said order and period for which the same is operational may be provided. Be it enacted by parliament in the sixtyfirst year of the republic of india as follows. In this act, unless the context otherwise requires. The foreign policy of india is governed and regulated by the foreign trade development and regulation act, 1992. December, 1962 an act to consolidate and amend the law relating to customs. This order is passed by the undersigned on the basis of the power conferred vide section of the ftdr.
This act gave enormous supremacy to the government to control imports and exports of india. Dec 23, 2010 please noted also, not fulfillment of export obligation, dgft issue notice us 14 for action under section 112 of ftdr, act, 1992 will apply. Ftdr is listed in the worlds largest and most authoritative dictionary database of abbreviations and acronyms. Under ftdr act 1992, act, 1956 and engaged in setting up power plants including project engineering, procurement, construction and commissioning for its customers, has prayed for the following reliefs. Foreign trade development and regulation act, 1992 scribd. Under ftdr act 1992, jammers are restricted items and license is required from lgft for importing jammers into india. Foreign trade development and regulation act, 1992 india code. Contains all enforced central and state acts linked with subordinate data like rules,regulations,notifications,orders,circulars,ordinances,statutes. The foreign trade development and regulation amendment bill, 2010, sill has been passed by rajya sabha on 9 august 2010. If you continue browsing the site, you agree to the use of cookies on this website. Hereinafter referred as ftdra, 1992 the policy is a reflection of gradual shift from incentive based to a reward based one. This statement does not justify the contention that shareholders are.
Contravention of provisions of this act, rules, orders and. The foreign trade development and regulation act, 1992. Full text containing the act, custom act, 1962, with all the sections, schedules, short title, enactment date, and footnotes. Highlights of foreign trade development and regulation taxguru. Yaesu ft2dr transceivers ht dual band 2m70cm, ft2dr. This a text editor which has the option to save the content as a pdf document. The act hasnt been originated as a separate act to regulate the foreign policy, but the same came into. An act to amend the foreign trade development and regulation act, 1992. Custom act, 1962 bare acts law library advocatekhoj. The license is granted in consultation with the c o. Mar 04, 2015 the foreign trade development and regulation act was established on 7th august 1992.
Department of environment and natural resources remarks. In 1992, the government enacted the foreign trade development and regulation act, 1992 the act to enable development and regulation. Notified developing countries under subsection 4a of section 9a of the foreign trade development and regulation act, 1992 notification dated 31st january, 20 download 105. This exciting leading edge transceiver is designed with ease of use in mind now packing an oversized backlit touch panel display. Of ftp 20152020 1st april, 2015 31st march, 2020 pdf. The foreign trade development and regulation act was established on 7th august 1992. Feb 21, 2011 as the appellant failed to discharge its export obligation under the licences, two showcause notices dated 26. The definitions specified under section 2 of the ftdr act, 1992 and under chapter 9 of foreign trade. Consequences in case of default in epcg scheme custom. Ftdr the foreign trade development and regulation act.
Foreign trade development and regulation act, 1992 free download as pdf file. Ft2dr c4fm 144430 mhz dual band digital handheld transceiver with 1. Kistaiah 10810064 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Web to pdf convert any web pages to highquality pdf. An act to provide for the development and regulation of foreign trade by facilitating imports. Use pdf download to do whatever you like with pdf files on the web and regain control. Index of customs act, 1962 other customs acts chapterssection. The foreign trade development and regulation amendment. The foreign trade development and regulation amendment act, 2010 no. This exciting leading edge transceiver is designed with ease of use in mind, now packing an oversized backlit touch panel display. Be it enacted by parliament in the thirteenth year of the republic of india as follows.