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Circular

NOTIFICATION NO. 14/2012, DT. 28/08/2012

Document type
Circular
Reference no.
P
Dated

Amendment in Notification No. 5 dated 02.07.2012 regarding conditions for export of Carpets, Handicraft items and Silk items

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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