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Export Licensing:  As you know that all goods may be exported without any restriction except to the extent such exports are regulated by the Negative List of exports. The Negative Lists consist of goods, the import or export of which is prohibited, restricted through licensing or otherwise or canalised. The Negative list of exports is divided into the parts which are as follows:

Part - I : Prohibited Items: These items can not be exported or imported. These items include: Wild life, exotic birds, wild flora, beef, human skeletons, tallow, fat and oils of any animal origin excluding fish oil, wood and wood products in the form of logs, timber, stumps, roots, barks, chips, powder, flakes, dust, pulp and charcoal.

Part - II : Restricted Items :Any goods, the export or import of which is restricted through licensing, may be exported or imported only in accordance with a licence issued in this behalf.

Part - III : Canalled Items: Any goods, the import or export of which is canalised, may be imported or exported by the canalising agency specified in the Negative Lists. The Director General of Foreign Trade may, however, grant a licence to any other person to import or export any canalised goods.

Hence, barring a few items which are totally prohibited for exports, other items in the Negative lists can be exported under a licence or through a designated agency or under specified conditions.

 

 

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M9620147

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