On July 8, 1999, the Government of India issued Notification No. 18(RE-99), amending the provisions in Notification No. 28(RE-98) under the Foreign Trade (Development and Regulation) Act, 1992. The amendment introduces restrictions on the import of raw silk (EXIM code 500200 00), which is now categorized as “Restricted.” This raw silk can only be imported under a license or in accordance with specific public notices. Furthermore, the import of Mulberry Raw Silk, Grade 2A and above, will be canalized through authorized agencies like the National Handloom Development Corporation (NHDC), Handicrafts and Handlooms Export Corporation, and relevant State Corporations. These agencies are required to inform the Ministry of Textiles before finalizing any import contracts. The changes aim to regulate the import of raw silk and ensure its alignment with domestic textile sector policies.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE
NOTIFICATION NO. 18(RE-99) 1997-2002,
NEW DELHI, 8th July,1999
S.O (E) – In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Notification of Government of India, Ministry of Commerce No. 28(RE-(98)/1997-2002 dated the 30th October 1998, namely, –
After amendment the following will read as under:
|
EXIM Code |
Item description |
Policy |
Conditions relating to the Policy |
Import under SIL/Public Notice |
|
500200 00 |
Raw Silk (not thrown) |
Restricted |
Permitted to be imported against a licence or in accordance with a Public Notice issued in this behalf |
Import of Mulberry Raw Silk conforming to Grade 2A and above only is Canalised through National Handloom Development Corporation (NHDC), Handicrafts and Handlooms Export Corporation, State Handloom Development Corporations and other State Corporations dealing with Handloom/ Powerloom and Silk. Before finalising any import contract, the above mentioned canalising agencies shall inform Ministry of Textiles, Government of India. |
This issues in public interest.
(N.L. LAKHANPAL)
DIRECTOR GENERAL OF FOREIGN TRADE
AND EX-OFFICIO ADDL. SECRETARY TO THE GOVT. OF INDIA
Copy to all concerned;
(O.P.Hisaria)
Dy.Director General of Foreign Trade
For Director General of Foreign Trade
(Issued from file No. 01/93/214/00001/AM 99)
