In these rules unless the context otherwise requires, -

(a) "Act"

means the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992);

(b) "charitable purpose"

includes relief of the poor, education, medical relief and the advancement of any other object of general public utility;

(c) "importer" or "exporter"

means a person who imports or exports goods and holds a valid Importer-exporter Code Number granted under section 7;

(d) "licensing authority"

means an authority authorised by the Director General under sub-section (2) of section 9 to grant or renew a licence under these rules;

(e) "Policy"

means the export and import Policy formulated and announced by the Central Government under section 5;

(f) "schedule"

means a Schedule appended to these rules;

(g) "section"

means a section of the Act;

(h) "special licence"

means a licence granted under sub-section (2) of section 8;

(i) "value"

has the meaning assigned to it in clause (41) of section 2 of the Customs Act, 1962 (52 of 1962);

(j) words and expression used in these rules and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.