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of <h1>Amendments to EXIM Policy 2002-2007: New Chapter for Gem Schemes, Zero Import Duty on Rough Diamonds, Updated Export Rules.</h1> The circular outlines amendments to the Export and Import (EXIM) Policy and Handbook of Procedures (HOP) for 2002-2007 concerning the Gem and Jewellery Export Promotion Schemes. Key changes include shifting the schemes to a new chapter in the policy, allowing the import of semi-processed diamonds under the Diamond Imprest Licence, and abolishing certain licenses for importing rough diamonds. The import duty on rough diamonds is reduced to nil. Amendments also cover export provisions for certification and grading, wastage norms for manufacturing, and value addition requirements. The circular extends personal carriage provisions for export/import parcels to additional airports and calls for public notice of these changes.
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