Conditions for Export of
Carpets, Handicraft Items and Silk Items
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.