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

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..... 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, 19 .....

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..... 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. .....

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