Policy relaxation for gem and jewellery exports extends compliance periods automatically without application or fee requirements. One-time policy relaxation has been granted for the Gem and Jewellery sector under Chapter 4 of FTP 2023 by amending the Handbook of Procedures, 2023. Specified export, re-export and re-import periods expiring during the stated window stand automatically extended from the date of expiry. No separate application, composition fee, amendment or endorsement is required, and customs authorities are to permit the relevant export or import activity subject to verification of the relevant particulars.
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Policy relaxation for gem and jewellery exports extends compliance periods automatically without application or fee requirements.
One-time policy relaxation has been granted for the Gem and Jewellery sector under Chapter 4 of FTP 2023 by amending the Handbook of Procedures, 2023. Specified export, re-export and re-import periods expiring during the stated window stand automatically extended from the date of expiry. No separate application, composition fee, amendment or endorsement is required, and customs authorities are to permit the relevant export or import activity subject to verification of the relevant particulars.
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