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DEFINITIONS

..... and expressions shall have the following meanings attached to them. 9.2 Accessory or Attachment means a part, sub-assembly or assembly that contributes to efficiency or effectiveness of a piece of equipment without changing its basic functions. 9.3 Act means Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) [FT(D&R) Act]. 9.4 Actual User means an actual user who may be either industrial or non-industrial. 9.5 Actual User (Industrial) means a person who utilizes imported goods for manufacturing in his own industrial unit or manufacturing for his own use in another unit including a jobbing unit. 9.6 Actual User (Non-Industrial) means a person who utilises the imported goods for his own use in (i) any commercial establis .....

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..... tion control. Capital goods may be for use in manufacturing, mining, agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture and viticulture as well as for use in services sector. 9.13 Competent Authority means an authority competent to exercise any power or to discharge any duty or function under the Act or the Rules and Orders made thereunder or under FTP. 9.14 Component means one of the parts of a sub-assembly or assembly of which a manufactured product is made up and into which it may be resolved. A component includes an accessory or attachment to another component. 9.15 Consumables means any item, which participates in or is required for a manufacturing process, but does not necessaril .....

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..... xcisable material used in manufacture of such goods in India. Goods include imported spares, if supplied with capital goods manufactured in India. 9.23 EHTP means Electronic Hardware Technology Park. 9.24 EOU means Export Oriented Unit for which an LOP has been issued by Development Commissioner. 9.25 Excisable goods means any goods produced or manufactured in India and subject to a duty of excise under Central Excise and Salt Act 1944 (1 of 1944). 9.26 Exporter means a person who exports or intends to export and holds an IEC number, unless otherwise specifically exempted. 9.27 Export Obligation means obligation to export product or products covered by Authorisation or permission in terms of quantity, value or both, as may be prescribed or .....

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..... period beginning on the 1st April of a year and ending on 31st March of following year. 9.35 Managed Hotel means hotels managed by a three star or above hotel/ hotel chain under an operating management contract for a duration of at least three years between operating hotel/ hotel chain and hotel being managed. Management contract must necessarily cover the entire gamut of operations/ management of managed hotel. 9.36 Manufacture means to make, produce, fabricate, assemble, process or bring into existence, by hand or by machine, a new product having a distinctive name, character or use and shall include processes such as refrigeration, re-packing, polishing, labelling, Reconditioning repair, remaking, refurbishing, testing, calibration, re-e .....

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..... 49 Raw material means: (i) basic materials which are needed for manufacture of goods, but which are still in a raw, natural, unrefined or unmanufactured state; and (ii) for a manufacturer, any materials or goods which are required for his manufacturing process, whether they have actually been previously manufactured or are processed or are still in a raw or natural state. 9.49.1 Regional Authority means authority competent to grant an Authorisation under the Act / Order. 9.50 Registration-Cum-Membership Certificate (RCMC) means certificate of registration and membership granted by an Export Promotion Council/Commodity Board/ Development Authority or other competent authority as prescribed in FTP or HBP v1. 9.51 Rules means Rules made by Cen .....

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..... includes fuel and spares and other articles of equipment, whether or not for immediate fitting. 9.60 STP means Software Technology Park 9.61 Supporting Manufacturer means any person who manufactures any product or part/accessories/components of that product. Name of supporting manufacturer as well as the exporter must be endorsed on export documents. 9.62 Third-party exports means exports made by an exporter or manufacturer on behalf of another exporter(s). In such cases, export documents such as shipping bills shall indicate name of both manufacturing exporter/ manufacturer and third party exporter(s). BRC, GR declaration, export order and invoice should be in the name of third party exporter. 9.63 Transaction Value is as defined in Custom .....

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