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.