INDIA CODE

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Rule 5, Foreign Exchange Management Act Rules, 1999 [S20-1XC]

As at 7 September 2026. In force from 27 August 1999.

In Foreign Exchange Management Act Rules, 1999 [R10-87C]. This text from 27 August 1999. No other text held.

Synthetic. This instrument and its words are generated by the register.

Cite: Rule 5, Foreign Exchange Management Act Rules, 1999 [S20-1XC]. Machine: S20-1XC.

5. Conditions of licence.—A licence granted under section 6 of the Act shall be subject to the following conditions, namely:— (a) the licensee shall not undertake the import of goods at any place other than the place specified in the licence; (b) the licensee shall maintain the records specified in rule 6; (c) the licensee shall permit the adjudicating authority to inspect the premises at all reasonable times.

Defined terms in this text (1)

import: Section 2, Live-stock Importation Act, 1898 [S15DD4] (In this Act, unless the context otherwise requires,—): "import" with its grammatical variations and cognate expressions, means bringing into India any goods by land, sea or air

import: Section 2, Sugar Export Promotion Act, 1958 [S1F0QY] (In this Act, unless the context otherwise requires,—): "import" with its grammatical variations and cognate expressions, means bringing into India any goods by land, sea or air

import: Section 2, Maharashtra Industrial Development Act, 1962 [S2G2P2] (In this Act, unless the context otherwise requires,—): "import" with its grammatical variations and cognate expressions, means bringing into India any goods by land, sea or air

import: 32 more definitions.

Made under this rule, or naming it (0)

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Not held (0)

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Rule 5, Foreign Exchange Management Act Rules, 1999 [S20-1XC]