Foreign Trade (Development And Regulation) Act, 1992

CHAPTER III: IMPORTER-EXPORTER CODE NUMBER AND LICENCE

Section 8. Suspension and Cancellation of Importer-Exporter Code Number:

¹[(1) Where-

(a) any person has contravened any of the provisions of this Act or any rules or orders  made thereunder or the foreign trade policy or any other law for the time being in force relating to Central excise or customs or foreign exchange or has committed any other economic offence under any other law for the time being in force as may be specified by the Central Government by notification in the Official Gazette; or

*(b) the Director General  or any other officer authorised by him has reason to believe that any person has made an export or import  in a manner prejudicial to the trade relations of India with any foreign country or to the interests of other persons engaged in imports or exports or has brought disrepute to the credit or the goods of, or services  or technology  provided from, the country; or

(c) any person who imports or exports  specified goods or services or technology  , in contravention of any provision of this Act or any rules or orders made thereunder or the foreign trade policy, the Director General  or any other officer authorised by him may call for the record or any other information from that person and may, after giving to that person a notice in writing informing him of the grounds on which it is proposed to suspend or cancel the Importer-Exporter Code Number  and after giving him a reasonable opportunity of making a representation in writing within such reasonable time as may be specified in the notice and, if that person so desires, of being heard, suspend for a period, as may be specified in the order  , or cancel the Importer-Exporter Code Number granted to that person.]

^[helldodold[(1) Where:

(a) any person has contravened any law relating to Central Excise or Customs or Foreign Exchange or has committed any other economic offence under any other law for the time being in force as may be specified by the Central Government by notification in the Official Gazette, or

(b) the Director General has reason to believe that any person has made an export or import in a manner gravely prejudicial to the trade relations of India with any foreign country or to the interests of other persons engaged in imports or exports or has brought disrepute to the credit or the goods of the country.

The Director General may call for the record or any other information from that person and may, after giving to that person a notice in writing informing him of the grounds on which it is proposed to suspend or cancel the Importer-Exporter Code Number and giving him a reasonable opportunity of making a representation in writing within such reasonable time as may be specified in the notice and, if that person so desires, of being heard, suspend for a period, as may be specified in the order, or cancel the Importer-Exporter Code Number granted to that person.]^helldod]

(2) Where any Importer-Exporter Code Number  granted to a person has been suspended or cancelled under sub-section (1), that person shall not be entitled to ¹[import or export  any goods or services  or technology  ] ^[helldodold[import or export any goods]^helldod] except under a special licence granted, in such manner and subject to such conditions as may be prescribed  , by the Director General to that person.

Refer Circular No. 5/2010-Cus Dated 16/3/2010

1. Substituted and inserted by Foreign Trade (Development and Regulation) Act, 2010.