CHAPTER-2

GENERAL PROVISIONS REGARDING IMPORTS AND EXPORTS

Exports and Imports free unless regulated

2.1

Exports and Imports shall be free, except in cases where they are regulated by the provisions of this Policy or any other law for the time being in force. The item wise export and import policy shall be, as specified in ITC(HS) published and notified by Director General of Foreign Trade, as amended from time to time.

(Please refer NTF. NO. 22/2006, DT. 24/07/2006 - Import of Vanaspati from Sri Lanka under India – Srilanka Free Trade Agreement shall be allowed freely in such cases where the Bill of Lading is dated 1st June, 2006 or before)

Direct or indirect export and import of the following items, whether or not originating in Democratic People’s Republic of Korea(DPRK), to/from, the DPRK is prohibited:

i) All items, materials equipment, goods and technology including as set out in lists in documents S/2006/814,S/2006/815 and S/2006/853(united Nations Security Council Documents) which could contribute to DPRK’s nuclear-related, ballistic missile-related or other weapons of mass destruction- related programmes. These documents are accessible from the Home page of DGFT web site.

(Para has been added vide NOTIFICATION NO. 39/2006, DT. 29/12/2006)

Direct or indirect export and import of all items, materials, equipment, goods and technology which could contribute to Iran’s enrichment-related, reprocessing or heavy water related activities, or to the development of nuclear weapon delivery systems, as mentioned below whether or not originating in Iran, to/ from Iran is prohibited :

i) items, listed in INFCIRC/254/Rev8/Part I in document S/2006/814, in Sections B.2 to B.7 as well as A.I and B.I except the supply, sale or transfer of equipment covered by B.I when such equipment is for light water reactors and low-enriched uranium covered by A.1.2 when it is incorporated in assembled nuclear fuel elements for such reactors;

ii) items listed in S/2006/815 except the supply sale or transfer of items covered by 19.A.3 of Category II

(Above Para form "Direct or indirect export and import of all items ....." has been added vide NTF. NO. 47/2006, DT. 20/02/2007)