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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Gems & Jewellery Scheme Amended: Overseas Branches in India Can Utilize 50% of Annual Turnover in Diamonds.</h1> The Gems & Jewellery Scheme under the Export and Import Policy 1997-2002 has been amended by the Director General of Foreign Trade. Specifically, a new provision has been added to the Handbook of Procedures, allowing overseas companies with branch offices in India and an annual average turnover in diamonds of at least Rs. 150 crores over the past three licensing years to utilize up to 50% of their annual average turnover from the preceding three years.
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