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

The Central Government wishes to apply the foreign trade policy to goods, services and technology in a Special Economic Zone with certain exceptions and adaptations. Under the proviso to Section 5, it may do this by:

For Special Economic Zones, the Central Government may direct by notification in the Official Gazette that the foreign trade policy applies to goods, services and technology with specified exceptions, modifications and adaptations, as the proviso to Section 5 provides.

  1. Anotification in the Official Gazette specifying the exceptions, modifications and adaptationsCorrect
  2. Ba circular issued by the Special Economic Zone developer
  3. Ca court order on application by the zone units
  4. Dan oral direction to the Development Commissioner

Explanation

The proviso to Section 5 lets the Central Government direct that, for SEZs, the policy applies to goods, services and technology with such exceptions, modifications and adaptations as it specifies by notification in the Official Gazette. A developer circular or court order has no such role.

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