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of <h1>India Amends ITC(HS) to Streamline Silk Import Licensing Under Section 5 of Foreign Trade Act, 1992</h1> The Government of India, through the Ministry of Commerce, issued a notification amending the ITC(HS) Classifications of Export and Import Items for 1997-2002. Under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, and relevant Export and Import Policy paragraphs, a clause was added to Chapter 50 regarding import licensing notes for silk. The clause specifies agencies authorized to issue certificates for silk grades, including entities in Japan, China, France, Switzerland, Italy, and India. This amendment aims to streamline the certification process for silk imports and exports, ensuring quality and compliance with international standards.
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