NOTIFICATION NO. 14/2012, DT. 28/08/2012
Amendment in Notification No. 5 dated 02.07.2012 regarding 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 Notification No. 5 (RE-2012)/2009-14 dated 02.07.2012:
(i) The provisions in the “Nature of Restriction” of Notification No. 5 (RE-2012)/2009-14 dated 02.07.2012 in respect of S. No. 8B (relating to Handicraft Items) will come into effect from 01.01.2013.
(ii) S. No. 8C of Notification No. 5 (RE-2012)/2009-14 dated 02.07.2012 relating to Silk garments, Made ups, Fabrics and Accessories is deleted.
2. Accordingly, the revised table will be as under:
|
S.No. |
Chapter |
Item Description |
Export Policy |
Nature of Restriction |
|
8A |
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. |
|
8B |
Any chapte |
Handicraft items |
Free/Restricted (as applicable) |
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.
This will be with effect from 01.01.2013 |
|
8C |
Deleted |
3. Effect of this notification:
Notification No. 5 of 02.07.2012 imposed certain restrictions. S. No. 8 A pertained to export of Handmade carpet etc., for which there is no change. S. No. 8 B pertained to export of Handicraft items, the effective date of which has been shifted to 01.01.2013. S. No. 8 C pertained to export of Silk items, which stands deleted.
(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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