Indian & World Geography·Policy Changes
International Trade — Policy Changes
Updated 19 Oct 2026
| Entry | Year | Description | Impact |
|---|---|---|---|
| Foreign Trade 2010 | 2010 | The Foreign Trade (Development and Regulation) Amendment Act, 2010, Act 25 of 2010, expanded the 1992 Act’s definitions to address services and technology alongside goods. Section 2 covers cross-border supply, consumption abroad, commercial presence and movement of natural persons. Section 4 expanded section 3(2), but its proviso limits application to services or technology providers availing foreign-trade-policy benefits or dealing with specified services or technologies. Section 7 adds a corresponding qualification to the Importer-exporter Code requirement for services and technology. | A map of international trade cannot be reduced to ships carrying merchandise. A service can reach a foreign consumer across a border, through an overseas establishment or through a person’s presence. For a hypothetical Indian supplier serving an overseas customer electronically, identify the mode of supply before discussing the amendment’s regulatory conditions. Do not infer that every digital transaction needs the same licence or code. The Act’s services definition also excludes the taxation domain, so these foreign-trade definitions should not be substituted mechanically for tax-law tests. |