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of <h1>Finance Ministry Circular Urges Customs to Expedite Investigations, Limit Seizures of Gem and Jewelry Stocks to Seven Days.</h1> The circular addresses the issue of prolonged seizure of gem and jewelry stocks by customs authorities, which affects exporters' ability to fulfill export obligations and harms their reputation. The Ministry of Finance acknowledges the challenges faced by exporters and emphasizes the need for expedited investigations without unnecessary seizures. It instructs that seizures should only occur when absolutely necessary and should be resolved within seven days. The circular aims to balance revenue protection with minimizing disruptions to the export sector, urging authorities to handle cases efficiently and report reasons for any prolonged seizures to the Ministry.
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