Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Govt Extends Re-import Deadline for Cut and Polished Diamonds Affected by COVID-19 Delays; No Duty or IGST Required.</h1> The government has granted a three-month extension for the re-import of cut and polished diamonds sent abroad for certification and grading, due to COVID-19 disruptions. This applies to diamonds that were to be re-imported between February 1 and July 31, 2020. The extension allows re-import without paying Basic Customs Duty and IGST for exporters with an average annual export turnover of Rs. 5 crore over the last three years. This measure addresses delays caused by the pandemic, with many consignments awaiting customs clearance. The extension was implemented by amending a 2012 customs notification.