1
[(1) Where—
(a) any person has contravened any of the provisions of this Act or any rules or orders made
thereunder or the foreign trade policy or any other law for the time being in force relating to Central
excise or customs or foreign exchange or has committed any other economic offence under any other
law for the time being in force as may be specified by the Central Government by notification in the
Official Gazette; or
(b) the Director General or any other officer authorised by him has reason to believe that any
person has made an export or import in a manner prejudicial to the trade relations of India with any
foreign country or to the interests of other persons engaged in imports or exports or has brought
disrepute to the credit or the goods of, or services or technology provided from, the country; or
(c) any person who imports or exports specified goods or services or technology, in contravention
of any provision of this Act or any rules or orders made thereunder or the foreign trade policy,
the Director General or any other officer authorised by him may call for the record or any other
information from that person and may, after giving to that person a notice in writing informing him of the
grounds on which it is proposed to suspend or cancel the Importer-exporter Code Number and after giving
him a reasonable opportunity of making a representation in writing within such reasonable time as may be
specified in the notice and, if that person so desires, of being heard, suspend for a period, as may be
specified in the order, or cancel the Importer-exporter Code Number granted to that person.]
(2) Where any Importer-exporter Code Number granted to a person has been suspended or cancelled
under sub-section (1), that person shall not be entitled to 2
[import or export any goods or services or
technology] except under a special licence, granted, in such manner and subject to such conditions as may
be prescribed, by the Director General to that person.
1 Subs. by Act 25 of 2010, s. 8, for sub-section (1) (w.e.f.27-8-2010).
2 Subs. by s. 8, ibid., for "import or export any goods " (w.e.f.27-8-2010).