Glossary (Acronyms) :
Acronym | Explanation |
AA | Advance Authorisation |
ACC | Assistant Commissioner of Customs |
ANF | Aayaat Niryaat Form |
BG | Bank Guarantee |
BIFR | Board of Industrial and Financial Reconstruction |
BoA | Board of Approval |
BRC | Bank Realisation Certificate |
BTP | Biotechnology Park |
CBEC | Central Board of Excise and Customs |
CCP | Customs Clearance Permit |
CEA | Central Excise Authority |
CEC | Chartered Engineer Certificate |
CIF | Cost, Insurance & Freight |
CVD | Countervailing Duty |
DC | Development Commissioner |
DFIA | Duty Free Import Authorisation |
DGCI&S | Director General, Commercial Intelligence & Statistics. |
DGFT | Director General of Foreign Trade |
DoR | Department of Revenue |
DTA | Domestic Tariff Area |
EDI | Electronic Data Interchange |
EEFC | Exchange Earners’ Foreign Currency |
EFC | Exim Facilitation Committee |
EFT | Electronic Fund Transfer |
EH | Export House |
EHTP | Electronic Hardware Technology Park |
EIC | Export Inspection Council |
EO | Export Obligation |
EOP | Export Obligation Period |
EOU | Export Oriented Unit |
EPC | Export Promotion Council |
EPCG | Export Promotion Capital Goods |
FDI | Foreign Direct Investment |
FIEO | Federation of Indian Export Organisation |
FOB | Free On Board |
FT (D&R) Act | Foreign Trade (Development & Regulation) Act, 1992 |
FTP | Foreign Trade Policy |
GATS | General Agreement on Trade in Services |
ICD | Inland Container Depot |
IEC | Importer Exporter Code |
ISO | International Standards Organisation |
ITC(HS) | Indian Trade Classification (Harmonised System) |
Classification for Export & Import Items
ITPO | India Trade Promotion Organisation |
LoC | Line of Credit |
LoI | Letter of Intent |
LoP | Letter of Permit |
LUT | Legal Undertaking |
MEA | Ministry of External Affairs |
MoD | Ministry of Defence |
MoF | Ministry of Finance |
NC | Norms Committee |
NFE | Net Foreign Exchange |
NOC | No Objection Certificate |
PSU | Public Sector Undertaking |
R&D | Research and Development |
RA | Regional Authority |
RBI | Reserve Bank of India |
RCMC | Registration-cum-Membership Certificate |
S/B | Shipping Bill |
SEZ | Special Economic Zone |
SION | Standard Input Output Norms |
SSI | Small Scale Industry |
STE | State Trading Enterprise |
STP | Software Technology Park |
TEE | Towns of Export Excellence |
VA | Value Addition |