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DEFINITIONS

Chapter 9 - Policy - Foreign Trade Policy - Foreign Trade Policy 2015-2020 (From 5-12-2017 to 31-3-2020) Revised - Chapter 9 - CHAPTER 9 For purpose of FTP, unless context otherwise requires, the following words and expressions shall have the following meanings attached to them:- 9.01 "Accessory" or "Attachment" means apart, sub-assembly or assembly that contributes to efficiency or effectiveness of a piece of equipment without changing its basic functions. 9.02 "Act&quo .....

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a jobbing unit which has a definitive postal address. (b) "Actual User (Non-Industrial)" is a person (either natural & legal) who utilizes the imported goods for his own use in. (i) any commercial establishment, carrying on any business, trade or profession, which has a definitive postal address; or (ii)any laboratory, Scientific or Research and Development(R&D) institution, university or other educational institution or hospital which has a definitive postal address; or (iii) .....

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context so requires, includes person signing the application. 9.07 Authorisation means permission as included in Section 2(g) of the Act to import or export as per provisions of FTP. 9.08 "Capital Goods" means any plant, machinery, equipment or accessories required for manufacture or production, either directly or indirectly, of goods or for rendering services, including those required for replacement, modernisation, technological up-gradation or expansion. It includes packaging machi .....

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any duty or function under the Actor the Rules and Orders made there under or under FTP. 9.10 "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. 9.11 "Consumables" means any item, which participates in or is required for a manufacturing process, but does not necessarily form part of end-product. Items, which are subs .....

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ment or otherwise. Exports/Imports under Counter Trade may be carried out through Escrow Account, Buy Back arrangements, Barter trade or any similar arrangement. Balancing of exports and imports could wholly or partly be in cash, goods and/or services. 9.14 "Developer" means a person or body of persons, company, firm and such other private or government undertaking, who develops, builds, designs, organises, promotes, finances, operates, maintains or manages a part or whole of infrastru .....

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ough the internet to a purchaser. While the dispatch of goods shall be made through courier or postal mode, as specified under the MEIS, the payment for goods purchased on ecommerce platform shall be done through international credit /debit cards and as per the Reserve Bank of India Circular (RBI/2015-16/185) [A.P.( DIR Series) Circular No. 16 dated September 24, 2015.] as amended from time to time. 9.18 "EOU" means Export Oriented Unit for which a letter of permit has been issued by D .....

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d by Authorisation or permission in terms of quantity, value or both, as may be prescribed or specified by Regional or competent authority. 9.23 Free as appearing in context of import/export policy for items means goods which do not need any Authorisation / License or permission for being imported into the country or exported out. 9.24 FTP means the Foreign Trade Policy which specifies policy for exports and imports under Section 5 of the Act. 9.25 Import is as defined in FT (D&R) Act, 1992 .....

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for aforesaid process. 9.29 "LicensingYear"meansperiodbeginningonthe1st April of a year and ending on the 31st March of the following year. 9.30 "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. 9.31 " .....

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ericulture, viticulture and mining. 9.32 "Manufacturer Exporter" means a person who exports goods manufactured by him or intends to export such goods. 9.33 Merchant Exporter means a person engaged in trading activity and exporting or in tending to export goods. 9.34 NC means the Norms Committee in the Directorate General of Foreign Trade for approval of adhoc input -output norms in cases where SION does not exist and recommend SION to be notified in DGFT. 9.35 "Notification" .....

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the DGFT officials. 9.39 "Policy" means Foreign Trade Policy (2015-2020 ) as amended from time to time. 9.40 "Prescribed" means prescribed under the Actor the Rules or Orders made there under or under FTP. 9.41 Prohibited indicates the import/export policy of an item, as appearing in ITC (HS) or elsewhere, whose import or export is not permitted. 9.42 "Public Notice" means a notice published under provisions of paragraph2.55 of FTP 9.42A Project Exports refers to ex .....

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e imported without restriction or imposition of additional Duties. 9.44 "Raw material" means input(s) needed for manufacturing of goods. These inputs may either be in a raw/natural/unrefined/unmanufactured or manufactured state. 9.45 "Regional Authority" means authority competent to grant an Authorisation under the Act/Order. 9.46 "Registration-Cum-Membership Certificate"(RCMC) means certificate of registration and membership granted by an Export Promotion Council/C .....

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, Materials, Equipment and Technologies (SCOMET). Export of dual-use items and technologies under India s Foreign Trade Policy is regulated. It is either prohibited or is permitted under an Authorisation. 9.50 "Services" include all tradable services covered under General Agreement on Trade in Services (GATS) and earning free foreign exchange. 9.51 "Service Provider" means a person providing: (i) Supply of a service from India to any other country; (Mode1- Cross border trade) .....

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9.53 "SION" means Standard Input Output Norms notified by DGFT. 9.54 "Spares means a part or a sub-assembly or assembly for substitution that is ready to replace an identical or similar part or sub- assembly or assembly. Spares include a component or an accessory. 9.55 "Specified" means specified by or under the provisions of this Policy through Notification/Public Notice. 9.56 "Status holder" means an exporter recognized as One Star Trading House/ Two Star Tr .....

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b) Supporting Manufacturer for the EPCG Scheme shall be one in whose premises/factory Capital Goods imported/ procured under EPCG Authorisation is installed. 9.59 State Trading Enterprises (STEs), for the purpose of this FTP, are those entities which are granted exclusive right/privileges export and /or import as per Para 2.20 (a) of FTP. 9.60 "Third-party exports" means exports made by an exporter or manufacturer on behalf of another exporter(s). In such cases, export documents such a .....

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direct or indirect import and export from/to Democratic People s Republic of Korea (DPRK) Prohibition on export: (A) The direct or indirect supply, sale, transfer or export of the following items to Democratic People s Republic of Korea (DPRK) is prohibited:- (i) any battle tanks, armoured combat vehicles, large caliber artillery systems, combat aircraft, attack helicopters, warships, missiles or missile systems as defined for the purpose of the United Nations Register on Conventional Arms, or .....

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Annex to INFCIRC/254/Rev.9/Part2 (IAEA document); 8. S/2014/253; 9. S/2016/308; 10. Annex III of Resolution 2321 (2016); and 11. other items, materials, equipment, goods and technology, as determined by the Central Government, which could contribute to DPRK s nuclear related, ballistic missile-related or other weapons of mass destruction related programmes; (iv) Luxury goods, including, but not limited to, the items specified in Annex IV of Resolution 2094 (2013), Annex IV of Resolution 2270 (2 .....

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red in sub-paragraphs (A)(i), (A)(ii), (A)(iii) and (A)(v) above is prohibited. Sectoral prohibitions (export) (C) The direct or indirect supply, sale, transfer or export of the following items to DPRK is prohibited: (i) New helicopters and vessels, except as approved in advance by the Committee on a case-by-case basis; (ii) Aviation fuel, including aviation gasoline, naphtha-type jet fuel, kerosene-type jet fuel, and kerosene-type rocket fuel. This measure is subject to the provisions of paragr .....

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