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In exercise of the powers conferred under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002, as amended, the Central Government hereby makes the following amendment in the Export and Import Policy, 1997-2002.
In the case of exports of Hand loom products by the exporters, including the merchant exporters, where the Shipping Bills are certified by the Hand loom Export Promotion Council (HEPC) to the effect that goods covered by such Shipping Bills are made from Hand loom fabrics, the Customs