Diamond certification standard: reduced minimum carat for duty-free re-import after authorised laboratory grading and certification. Amendment reduces the minimum diamond size eligible for certification and duty-free re-import to 0.10 carat and above, identifies authorised laboratories for grading, and permits eligible exporters to export cut and polished diamonds of 0.10 carat or above to those agencies with a zero-duty re-import facility within the prescribed re-import period, thereby updating Paras 4A.2.1 and 4A.2.2 of the Foreign Trade Policy 2009-2014.
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Diamond certification standard: reduced minimum carat for duty-free re-import after authorised laboratory grading and certification.
Amendment reduces the minimum diamond size eligible for certification and duty-free re-import to 0.10 carat and above, identifies authorised laboratories for grading, and permits eligible exporters to export cut and polished diamonds of 0.10 carat or above to those agencies with a zero-duty re-import facility within the prescribed re-import period, thereby updating Paras 4A.2.1 and 4A.2.2 of the Foreign Trade Policy 2009-2014.
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