Foreign trade consists of import and export of goods and services resulting into outflow & inflow of foreign exchange. Thus, it is also called as EXIM Trade. For providing, regulating and creating necessary environments for its orderly growth, the government of India had enacted the Foreign Trade (Development & Regulation) Act 1992 and framed various Rules and issued numerous orders there under. The government issues a policy statement, popularly known as FOREIGN TRADE POLICY, every five years, outlining the overall direction of its import export policy by taking into account the economic necessities of the country. In order to help the importers & exporters, we do the following :