Notification No. 5 (RE-2012)/2009-2014

New Delhi, the 2nd July, 2012

Subject: Conditions for export of Carpets, Handicraft items and Silk items.

S.O.(E) 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.

(Anup K. Pujari)

Director General of Foreign Trade

E-mail:- dgft[at]nic[dot]in

(Issued from F. No. 01/91/180/510/AM 12/Export Cell)

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0 Comments

  1. Rajasekhar Pillai says:

    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.

    Please forward us Bank gurantee format . Since bank asking us to obtain from Customs. While customs does not have any format
    . Please help

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