3.9

Trade Disputes affecting Trade Relations

(a) If anything comes to notice of DGFT or he has reason to believe that an export or import has been made in a manner that

(i) is gravely prejudicial to trade relations of India with any other country; and / or

(ii) is gravely prejudicial to interest of other persons engaged in exports or imports; and / or

(iii) has brought disrepute to the country.

(b) DGFT may take action against such exporter or importer in accordance with FT (D&R) Act, Rules and Orders made there-under and FTP.