![]() The Directorate General of Foreign Trade (DGFT) is the governing body that brings about amendments to these guidelines. The 97 chapters of the Export Policy Schedule II of the ITC-HS code provide detailed guidelines related to the export of various products. Schedule II of the ITC-HS code provides the rules and regulations related to export policies. Some items that typically need an Export License are live birds and animals, endangered species of plants and animals, sandalwood, sand and soil, silkworm and silk cocoons, etc. In the case of prohibited goods, an Export License is not given, while restricted goods can be exported by businesses granted an Export License. The Foreign Trade Policy (FTP) considers all goods as freely exportable except those that are restricted or prohibited. For the export of any goods classified as 'restricted goods' in this ITC-HS list, an Export License is required. The eight-digit code used by Indian customs is also based on ITC-HS. The Indian Trade Clarification (ITC) which is based on the Harmonized System of Nomenclature(HSN) of coding, classifies goods in India for the purpose of import and export.
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