Customs Acts 1962 - Chapter- IV, Prohibitions on Importation and Exportation of Goods. CHAPTER IV PROHIBITIONS ON IMPORTATION AND EXPORTATION OF GOODS Power to prohibit importation or exportation of goods. - If the Central Government is satisfied that it is necessary so to do for any of the purposes specified in sub-section (2), it may, by notification in the Official Gazette, prohibit either absolutely or subject to such conditions (to be fulfilled before or after clearance) as may be specified in the notification, the import or export of goods of any specified description. The purposes referred to in sub-section (1) are the following :- the maintenance of the security of India; the maintenance of public order and standards of decency or morality; the prevention of smuggling; the prevention of shortage of goods of any description; the conservation of foreign exchange and the safeguarding of balance of payments; the prevention of injury to the economy of the country by the uncontrolled import or export of gold or silver; the prevention of surplus of any agricultural product or the product of fisheries; the maintenance of standards for the classification, grading or marketing of goods in international trade; the establishment of any industry; the prevention of serious injury to domestic production of goods of any description; the protection of human, animal or plant life or health; the protection of national treasures of artistic, historic or archaeological value; the conservation of exhaustible natural resources; the protection of patents, trade marks and copyrights; the prevention of deceptive practices; the carrying on of foreign trade in any goods by the State, or by a Corporation owned or controlled by the State to the exclusion, complete or partial, of citizens of India; the fulfilment of obligations under the Charter of the United Nations for the maintenance of international peace and security; the implementation of any treaty, agreement or convention with any country; the compliance of imported goods with any laws which are applicable to similar goods produced or manufactured in India; the prevention of dissemination of documents containing any matter which is likely to prejudicially affect friendly relations with any foreign State or is derogatory to national prestige; the prevention of the contravention of any law for the time being in force; and any other purpose conducive to the interests of the general public.
Get Sample Now Which service(s) are you interested in? Export Data Import Data Both Buyers Suppliers Both OR Exim Help + Exim News Date: 18-04-2024 New Indian envoy meets Russian Foreign Minister Sergey Lavrov; discusses high-level bilateral exchan Date: 18-04-2024 India's economy to grow at 8-8.3 pc in current fiscal: PHDCCI Date: 18-04-2024 Ahead of Elon Musk's visit, Centre notifies liberalised FDI norms for space sector to boost foreign Date: 17-04-2024 RBI issues directive for cardholders, says no entity except card issuer, card networks can store tra Date: 17-04-2024 CBDT signs record number of 125 Advance Pricing Agreements in FY24 Date: 17-04-2024 India to remain global growth driver in foreseeable future: IMF executive director Date: 17-04-2024 Oil prices broadly steady, economic woes offset geopolitical support Date: 16-04-2024 Government imposes port restrictions for exporting essential commodities to Maldives Date: 16-04-2024 Can conflict in West Asia impact the Indian, global economy? Date: 16-04-2024 India's pharma exports to US surge 15% in 11 months of FY24 What is New? Date: 12-04-2024 NOTIFICATION No. 09/2024 – CENTRAL TAX Seeks to extend the due date for filing of FORM GSTR-1, for the month of March 2024 Date: 10-04-2024 NOTIFICATION No. 08/2024- Central Tax Seeks to extend the timeline for implementation of Notification No. 04/2024-CT dated 05.01.2024 from 1st April, 2024 to 15th May, 2024 Date: 08-04-2024 Notification No 07/2024 – Central Tax Seeks to provide waiver of interest for specified registered persons for specified tax periods Date: 04-04-2024 Notification No. 27/2024 - Customs (N.T.) Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024-reg Date: 26-03-2024 Notification No. 24/2024 - Customs (N.T.) Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024-reg Date: 14-03-2024 NOTIFICATION No. 17/2024-Customs Seeks to amend notification No. 57/2017-Customs dated 30.06.2017 so as to modify BCD rates on certain smart wearable devices. Date: 12-03-2024 NOTIFICATION No. 15/2024-Customs Seeks to amend specific tariff items in Chapter 90 of the 1st schedule of Customs Tariff Act, 1975. Date: 12-03-2024 NOTIFICATION No. 16/2024-Customs Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts of medical X-ray machines. Date: 07-03-2024 Notification No. 18/2024 - Customs (N.T.) Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg Date: 06-03-2024 Notification No. 13/2024-Customs Seeks to amend notification No. 50/2017- Customs dated 30.06.2017, in order to reduce the BCD on imports of meat and edible offal, of ducks, frozen, subject to the prescribed conditions, with effect from 07.03.2024.
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