Business Studies, asked by ylniarb9031, 10 months ago

Explain the major laws governing India’s Export Import Trade.

Answers

Answered by sharvaridhawad

India's import and export system is governed by the Foreign Trade (Development & Regulation) Act of 1992 (full text) and India's Export Import (EXIM) Policy. Import and export of all goods are free, except for the items regulated by the EXIM policy or any other law currently in force.

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