Foreign Trade Policy definition
Examples of Foreign Trade Policy in a sentence
The Seller shall be solely responsible for filling all the required documents and obtaining the requisite permissions, certificates and approvals under the Customs ▇▇▇, ▇▇▇▇, the applicable Foreign Trade Policy, SEBI, FERA and FEMA Guidelines, and all such associate and allied laws of India as are applicable in relation to the import of products of the seller.
The contractor shall undertake to complete all the formalities as required under the Customs Act / Foreign Trade Policy (FTP) and indemnify ONGC from all the liabilities of Customs in this regard.
The contractor shall also have to indemnify the Corporation against any claim that may arise due to violation of the Customs Act or the Foreign Trade Policy by them.
If the Lessee failed to adhere with the terms and conditions as laid down under the Foreign Trade Policy, Environment Policy, Acts, Rules, Ordinance, Regulation, Notification, Direction, etc.
The Ministry of Commerce and Industry’s “Supplement to the Government of India’s Foreign Trade Policy Condition18” would require that its Genetic Engineering Approval Committee (GEAC) provide pre-approval of imports.