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With the vigorous efforts of the Council the Government of India accepted the request of the CEPC for restricting export of Handmade Woollen Carpets on clean D/A term of Payment.
Accordingly, the Ministry of Commerce & Industry, Department of Commerce, Govt. of India vide Notification No. 5/(RE-2012)/ 2009-2014 dated 2nd July, 2012 made the following amendments in Table A of the Schedule 2 of the ITC(HS) Classification of Export & Import Items, by inserting entry at S. No. 8 A, 8 B & 8 C, with immediate effect.
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.
Please see attached documents.
| Attachment | Size |
|---|---|
| DA-NOTIFICATION-2JULY12.docx | 13.13 KB |
| DGFT Notification of 2nd July 2012.pdf | 34.56 KB |
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