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CHAPTER 2 GENERAL PROVISIONS REGARDING IMPORTS …

CHAPTER 2 general PROVISIONS REGARDING IMPORTS AND EXPORTS Objective The GENERAL PROVISIONS governing import and export of goods and services are dealt with in this CHAPTER . Exports and IMPORTS Free , unless regulated (a) Exports and IMPORTS shall be Free except when regulated by way of prohibition , restriction or exclusive trading through State Trading Enterprises (STEs) as laid down in Indian Trade Classification (Harmonized System) [ITC (HS)] of Exports and IMPORTS . The list of Prohibited , Restricted , and STE items can be viewed by clicking on Downloads at (b) Further, there are some items which are free for import/export, but subject to conditions stipulated in other Acts or in law for the time being in force.

CHAPTER 2 GENERAL PROVISIONS REGARDING IMPORTS AND EXPORTS 2.00 Objective The general provisions governing import and export of goods and services are dealt with in this chapter. 2.01 Exports and Imports – ‘Free’, unless regulated (a) Exports and Imports shall be ‘Free’ except when regulated by way of

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