2. Definitions-

In these rules unless the context otherwise requires , -

(a) "Act" means the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992);

(b) "charitable purpose" includes relief of the poor, education, medical relief, and the advancement of any other object of general public utility;

¹[(c) "importer" or "exporter" means a person who imports or exports goods or services or technology and holds a valid Importer exporter Code Number granted under section 7;]

^[helldodold[(c) "importer" or "exporter" means a person who imports or exports goods and holds a valid Importer-exporter Code Number granted under section 7;]^helldod]

¹[(d) "licensing authority" means an authority authorised under sub-section (2) of section 9 to grant or renew a licence, certificate, scrip or any instrument bestowing financial or fiscal benefits under these rules;]

^[helldodold[(d) "licensing authority" means an authority authorised by the Director General under sub-section (2) of section 9 to grant or renew a licence under these rules;]^helldod]

¹[(e) "Policy" means the foreign trade policy formulated and announced by the Central Government under section 5;]

^[helldodold[(e) "Policy" means the export and import Policy formulated and announced by the Central Government under section 5;]^helldod]

^{[helldod2delete}[(f) "schedule" means a Schedule appended to these rules;]^helldod]

[(f)] ^[helldodold[(g)]^helldod] "section" means a section of the Act;

[(g)] ^[helldodold[(h)]^helldod] "special licence" means a licence granted under sub-section (2) of section 8;

[(h)] ^[helldodold[(i)]^helldod] "value" has the meaning assigned to it in clause (41) of section 2 of the Customs Act, 1962 (52 of 1962);

[(i)] ^[helldodold[(j)]^helldod] words and expression used in these rules and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.