Amendment in Notification No. 5 dated 02.07.2012 regarding conditions for export of Carpets, Handicraft items and Silk items. - 14 (RE-2012)/2009-2014 - Foreign Trade Policy

To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii) Government of India Ministry of Commerce Industry Department of Commerce Udyog Bhawan Notification No. 14 (RE-2012)/2009-2014 New Delhi, the 28 th August, 2012 Subject: 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 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) 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 8 C 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)