Foreign Trade Policy
Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 deals with foreign Trade Policy. The Central Government may, from time to time, formulate and announce, by notification in the Official Gazette, the foreign trade policy and may also, inlike manner, amend that policy: Provided that the Central Government may direct that, in respect of the Special Economic Zones, the foreign trade p The Act came into force on 19 Jun 1992.
1 [5. Foreign Trade Policy.-- The Central Government may, from time to time, formulate and announce, by notification in the Official Gazette, the foreign trade policy and may also, inlike manner, amend that policy:
Provided that the Central Government may direct that, in respect of the Special Economic Zones, the foreign trade policy shall apply to the goods, services and technology with such exceptions, modifications and adaptations, as may be specified by it by notification in the Official Gazette.]
Section 5, The Foreign Trade (Development and Regulation) Act, 1992 (Act 22 of 1992).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Referred to by 1
Related judgements & precedents
These are some judgments that construed this section, and hold precedence value. They hold authority on how to read, interpret and use this section.
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Designco v. Union of India & Ors.
Court's Decision & Legal Precedent
Analysed s.17 assessment architecture and held alleged ITC(HS) misclassification, without more, does not satisfy the collusion/suppression predicates needed to sustain the challenged MEIS recovery process.
On this section: Applied FTDR Act s.5 — Foreign Trade Policy framed/announced by Central Government is a statutory instrument; MEIS recovery must respect FTDR architecture alongside Customs.
The holding above is the ratio decidendi as extracted from the judgment by eCourts India, reproduced unaltered — it is a rendering of the court's reasoning, not a substitute for its words. Read the order itself before relying on it.
Made under this section, and citing it
3 instruments name this provision in its title or its text without being made under it.
Questions about Section 5
What have the courts held on Section 5 of the Foreign Trade (Development and Regulation) Act?
Designco v. Union of India & Ors. (22 Nov 2024) is the leading judgment on this section among those set out below: Applied FTDR Act s.5 — Foreign Trade Policy framed/announced by Central Government is a statutory instrument; MEIS recovery must respect FTDR architecture alongside Customs.
How do I find court cases under Section 5 of the Foreign Trade (Development and Regulation) Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Foreign Trade (Development and Regulation) Act 5, section 5 Foreign Trade (Development and Regulation) Act, section 5 of the Foreign Trade (Development and Regulation) Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome. 1 reported judgment on this section is set out on this page, beginning with Designco v. Union of India & Ors. (22 Nov 2024).
What should I read with Section 5 of the Foreign Trade (Development and Regulation) Act, and has it changed?
1 other provision in this corpus refers back to it. 3 instruments name it without being made under it, most recently Foreign Trade (Regulation)(Amendment) Rules, 2015 (2015), then The Safeguards Measures (Quantitative Restrictions) Rules 2012 (2012).
When did Section 5 of the Foreign Trade (Development and Regulation) Act come into force?
Section 5 of the Foreign Trade (Development and Regulation) Act, cited as Foreign Trade (Development and Regulation) Act 5, came into force on 19 Jun 1992, having been enacted on 07 Aug 1992. It is in force as at the date shown on this page.
Other sections of this Act
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.