Indian-Exim-Policy

Introduction Duration 1.1In exercise of the powers conferred under branch 5 of the Foreign Trade (Development and Regulation Act), 1992 (No. x22 of 1992), the Central political sympathies hereby notifies the Export and moment policy for the period 2002-2007. This polity shall come into deplumate with effect from 1st April, 2002 and shall remain in force upto 31st March, 2007 and leave alone be co-terminus with the Tenth fiver Year Plan (2002-2007). However, the Central Government reserves the mature in public interest to make any amendments to this insurance policy in exercise of the powers conferred by Section-5 of the Act. Such amendment shall be do by means of a Notification published in the Gazette of India. Transitional Arrangements 1.2Any Notifications make or overt Notices issued or anything done under the previous Export/ Import policies, and in force immediately before the commencement of this Policy shall, in so far as they are not inconsistent with the provisions of this Policy, continue to be in force and shall be deemed to have been made, issued or done under this Policy. certify/certificate/ allowances issued before the commencement of this Policy shall continue to be valid for the purpose for which such licence/ certificate/permission was issued unless otherwise stipulated. 1.

3In case an export or import that is permitted freely under this Policy is subsequently subjected to any restriction or regulation, such export or import will ordinarily be permitted notwithstanding such restriction or regulation, unless otherwise stipulated, provided that the shipment of the export or import is made within the original validity of the irrevocable letter of reference work established before the date of imposition of such restriction. Objectives 1.4The adept objectives of this Policy are: i.To facilitate sustained growth in exports to attain a share of atleast 1% of global production trade. ii.To stimulate sustained economic growth by providing chafe to essential raw... If you want to get a full essay, suppose it on our website: Ordercustompaper.com

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