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

Sunrise Exports Pvt Ltd, Surat, wants to export garments but has no Importer-exporter Code Number. Under the Act, who grants this number, and what is the general rule?

The Importer-exporter Code Number is granted by the Director General or an officer he authorises, following the procedure he specifies. No person may import or export except under such a number, so Sunrise Exports cannot export garments until it obtains one.

  1. AThe Director General or an officer he authorises grants it, and no import or export may be made without itCorrect
  2. BThe Central Government alone grants it, and it is needed only for imports
  3. CThe Collector of the District grants it, and it is optional for goods exports
  4. DThe Adjudicating Authority grants it, and it is needed only when a penalty is pending

Explanation

Section 7 says no person shall import or export except under an Importer-exporter Code Number granted by the Director General or the officer he authorises. The rule covers both imports and exports of goods, so the other options misstate the grantor or the scope.

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