FTP Chapter General Provisions Relating to Import & Export | CA Final | CA Lijil Lakshman - LearnCab

Exports and Imports shall be free, except where regulated by FTP or any other law in force. The item-wise export and import policy shall be specified in ITC(HS) notified by DGFT from time to time. These are classified as – (a) Free (b) Restricted (c) Prohibited (d) Exclusive trading through State Trading Enterprise (STEs)

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