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NEWS LETTER
DGFT
Foreign Trade Policy
Foreign Trade Policy (upto 07/04/2005)
PARA 3.4.4
Trade disputes affecting trade relations
3.4.4
If it comes to the notice of the Director General of Foreign Trade or he has reason to believe that an export or import has been made in a manner that
(i) is gravely prejudicial to the trade relations of India with any foreign country; or
(ii) Is gravely prejudicial to the interest of other persons engaged in exports or imports;
(iii) has brought disrepute to the country;
The Director General Foreign Trade may take action against the exporter or importer concerned in accordance with the provisions of the Act, the Rules and Orders made thereunder and this Policy.
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