Export
of Handmade Woolen Carpets, Handicraft and Silk Items under DA Basis Banned
Except against ECGC Cover or BG
[DGFT Notification No. 05 dated 2nd July
2012]
Subject: Conditions for export of Carpets, Handicraft items and Silk
items.
In exercise of
the powers conferred by Section 5 of the Foreign Trade (Development &
Regulation) Act, 1992 (No.22 of 1992) as amended, read with Para 2.1 of the
Foreign Trade Policy, 2009-2014, the Central Government hereby makes following
amendments in Table A of the Schedule 2 of the ITC(HS)
Classification of Export and Import Items, by inserting entry at S.No. 8 A, 8 B & 8 C, with immediate effect, as under:-
|
S.No. |
Chapter |
Item
Description |
Export Policy |
Nature of
Restriction |
|
8 A |
57 |
Handmade Woolen Carpets including
other floor coverings like Woolen Durries, Druggets,
Gabbas, Namdhas and
Shaggy |
Free |
Export shall
not be permitted on the basis of Documents against Acceptance (D/A) unless (a) Such
export is covered either by Bank Guarantee or ECGC Guarantee or (b) Such
export is to own Subsidiaries/ own Trading Companies / own
Office-cum-warehouses. |
|
8 B |
Any chapter |
Handicraft items |
Free/ Restricted (as applicable) |
|
|
8 C |
Any chapter |
Silk Garments, Made ups, Fabrics
and Accessories |
Free |
2. Effect of this notification
Export of
Handmade Woolen Carpets, Handicraft items and Silk items etc. (details given
above) shall not be permitted on the basis of Documents against Acceptance
(D/A) except when covered by (a) Guarantee from Bank or ECGC or (b) made to own
Subsidiaries etc.