Subcontracting limits for gems and jewellery cap outsourced production relative to prior-year clearances and require prompt return. Amendments require goods taken out of a Special Economic Zone for subcontracting to be returned within twenty-eight days and cap the consolidated value of subcontracted production by reference to a unit's total value of goods cleared in the immediately preceding financial year; gems and jewellery units are subject to a lower subcontracting ceiling and a special first-year cap, and 'sub-contracting' is defined as outsourcing all conversion processes.
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Provisions expressly mentioned in the judgment/order text.
Subcontracting limits for gems and jewellery cap outsourced production relative to prior-year clearances and require prompt return.
Amendments require goods taken out of a Special Economic Zone for subcontracting to be returned within twenty-eight days and cap the consolidated value of subcontracted production by reference to a unit's total value of goods cleared in the immediately preceding financial year; gems and jewellery units are subject to a lower subcontracting ceiling and a special first-year cap, and "sub-contracting" is defined as outsourcing all conversion processes.
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