Foreign Trade (Development and Regulation) Act, 1992 · Chapter II: Power of Central Government to Make Order and Announce Foreign Trade Policy
Section 5: Foreign Trade Policy
[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.]
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 5
- M/S. Saraf Exports v. Commissioner of Income Tax,
- Haris Marine Products v. Export Credit Guarantee Corporation (Ecgc) Limited
- Sandoz Private Limited v. Union of India & Others
- Union of India and Others v. Agricas Llp and Others Etc.
- M/S. Nola Ram Dulichand Dal Mills & Anr. v. Union of India & Ors.
- Commissioner of Income Tax, Karnal (Haryana) v. M/S Carpet India, Panipat (Haryana)
- Department of Customs v. Sharad Gandhi
- Director General of Foreign Trade and Anr. v. M/S. Kanak Exports and Anr.
- M/S Topman Exports v. Commissioner of Income Tax, Mumbai
- M/S Atul Commodities Pvt. Ltd. & Ors. v. Commissioner of Customs, Cochin-9
- M/S. Hindustan Granites v. Union of India and Ors.
- Union of India and Ors. v. M/S Asian Food Industries
- Union of India and Ors. v. Pesticides Manufacturing & Formulators Association of India