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TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... postal address. (a) Actual User (Industrial) is a person (either natural legal) who utilizes imported goods for manufacturing in his own industrial unit or manufacturing for his own use in another unit including a jobbing unit which has a definitive postal address. (b) Actual User (Non-Industrial) is a person (either natural legal) who utilizes the imported goods for his own use in. (i) any commercial establishment, carrying on any business, trade or profession, which has a definitive postal address; or (ii) any laboratory, Scientific or Research and Development(R D) institution, university or other educational institution or hospital which has a definitive postal address; or (iii) Any service industry which has a def ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rules and Orders made there under or under FTP. 11.10 Component means one of the parts of a subassembly or assembly of which a manufactured product is made up and into which it may be resolved. A component includes an accessory or attachment to another component. 11.11 Consumables means any item, which participates in or is required for a manufacturing process, but does not necessarily form part of end-product. Items, which are substantially or totally consumed during a manufacturing process, will be deemed to be consumables. 11.12 Consumer Goods means any consumption goods, which can directly satisfy human needs without further processing and includes consumer durables and accessories thereof. 11.13 Counter Trad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xcise under Central Excise and Salt Act 1944(1of 1944). 11.20 Export is as defined in FT (D R) Act, 1992, as amended from time to time. 11.21 Exporter means a person who exports or intends to export and holds an IEC number, unless otherwise specifically exempted. 11.22 Export Obligation means obligation to export product or products covered by Authorisation or permission in terms of quantity, value or both, as may be prescribed or specified by Regional or competent authority. 11.23 Free as appearing in context of import/export policy for items means goods which do not need any Authorisation / License or permission for being imported into the country or exported out. 11.24 FTP means the Foreign Trade Polic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se of FTP, shall also include agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture, viticulture and mining. 11.32 Manufacturer Exporter means a person who exports goods manufactured by him or intends to export such goods. 11.33 Merchant Exporter means a person engaged in trading activity and exporting or in tending to export goods. 11.34 NC means the Norms Committee in the Directorate General of Foreign Trade for approval of adhoc input output norms in cases where SION does not exist and recommend SION to be notified in DGFT. 11.35 Notification means a notification published in Official Gazette. 11.36 Order means an Order made by Central Government und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... means input(s) needed for manufacturing of goods. These inputs may either be in a raw/natural/unrefined / unmanufactured or manufactured state. 11.46 Regional Authority means authority competent to grant an Authorisation under the Act/Order. 11.47 Registration-Cum-Membership Certificate (RCMC) means certificate of registration and membership granted by an Export Promotion Council/Commodity Board/Development Authority or other competent authority as prescribed in FTP or HBP. 11.48 Restricted is a term indicating the import or export policy of an item, which can be imported into the country or exported outside, only after obtaining an Authorisation from the offices of DGFT. 11.49 Rules means Rules made by Central G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Notification/ Public Notice. 11.57 Status holder means an exporter recognized for export performance by an RA as per para 1.25 of the FTP. 11.58 Stores means goods for use in a vessel or aircraft and includes fuel and spares and other articles of equipment, whether or not for immediate fitting. 11.59 (a) Supporting Manufacturer is one who manufactures goods/products or any part/accessories/components of a good/ product for a merchant exporter or a manufacturer exporter under a specific Authorisation. (b) Supporting Manufacturer for the EPCG Scheme shall be one in whose premises/ factory Capital Goods imported/ procured under EPCG Authorisation is installed. 11.60 State Trading Enterprises (STEs), for the purpo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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