Notification No- 05/2012 dated  02.07.2012
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
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 chapter Handicraft items Free/ Restricted (as applicable)
8C 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

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