The Imports and Exports (Control) Act, 1950
Section 4AProhibition to sell or purchase import licence
In force
s. 4A
4A. Prohibition to sell or purchase import licence [No person shall sell, purchase or otherwise deal in any import licence other than an import licence issued under the Export Bonus Scheme. Explanation.- In this section “Export Bonus Scheme” means the scheme introduced by Government [* * *].
Read the contents: The Imports and Exports (Control) Act, 1950