Skip to content

CS Executive · Economic, Commercial and Intellectual Property Laws · Foreign Trade Policy and Procedure

Sundaram Exports Pvt Ltd, Tiruppur, wants to export garments but has no Importer-exporter Code Number. Under the Act, who grants the Importer-exporter Code Number?

The Importer-exporter Code Number is granted by the Director General of Foreign Trade or an officer he authorises, under the procedure the Director General specifies. Without such a number no person may import or export goods under the Act.

  1. AThe Central Government only, by Gazette notification
  2. BThe Director General or an officer authorised by the Director General, following the procedure he specifiesCorrect
  3. CThe Collector of the district where the firm carries on business
  4. DThe Adjudicating Authority, after the firm pays a penalty

Explanation

Section 7 states that no person shall import or export except under an Importer-exporter Code Number granted by the Director General or the officer authorised by him, following the procedure he specifies. The other options name authorities with different functions under the Act.

Did you get it right without looking?

One question tells you little. A timed set on Foreign Trade Policy and Procedure shows your real accuracy, how long you take and where you lose marks.

Practise Foreign Trade Policy and ProcedureFree diagnostic mock

More Foreign Trade Policy and Procedure questions