3.9
- Document type
- Policy
- Reference no.
- O
- Dated
Trade Disputes affecting Trade Relations
3.9
Trade Disputes affecting Trade Relations
If it comes to DGFT’s notice or he has reason to believe that an export or import has been made in a manner that:
(i) is gravely prejudicial to trade relations of India with any other country; and / or
(ii) is gravely prejudicial to interest of other persons engaged in exports or imports; and / or
(iii) has brought disrepute to the country;
DGFT may take action against such exporter or importer in accordance with FT(D&R) Act, Rules and Orders made there-under and FTP.