Restrictions on Documents against Acceptance exports: D/A shipments barred unless covered by bank or export credit guarantee. The notification amends Table A of Schedule 2 of the ITC(HS) by inserting entries for Handmade Woollen Carpets and Handicraft items and provides that exports shall not be permitted on the basis of Documents against Acceptance (D/A) unless such export is covered by a Bank Guarantee or ECGC Guarantee or is made to the exporter's own subsidiaries, own trading companies or own office cum warehouses.
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Restrictions on Documents against Acceptance exports: D/A shipments barred unless covered by bank or export credit guarantee.
The notification amends Table A of Schedule 2 of the ITC(HS) by inserting entries for Handmade Woollen Carpets and Handicraft items and provides that exports shall not be permitted on the basis of Documents against Acceptance (D/A) unless such export is covered by a Bank Guarantee or ECGC Guarantee or is made to the exporter's own subsidiaries, own trading companies or own office cum warehouses.
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