This notification amends Notification Nos. 3/88-Customs, dated the 14th January, 1988, 277/90-Customs, dated the 12th December, 1990, 177/94-Customs, dated the 21st October, 1994 and 41/99-Customs, dated the 28th April 1999 - 055/2000 - Customs -Tariff
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Customs exemption amendments reclassify jewellery mountings and medallions and expand permitted exporters' inputs under tariff notifications. The notification amends four customs exemption notifications to reclassify mountings used in studded jewellery and add gold/silver/platinum medallions and coins to the TABLEs, revise the Explanation to include Mangal Sutra and jewellery studded with imitation, cubic zirconia and semi precious stones subject to a per gram value proviso, delete the word 'plain' from specified ANNEXURE entries, and expand ANNEXURE I and II with an extensive list of additional exempted inputs and tools for exporters of gems, jewellery and cut and polished diamonds.
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Customs exemption amendments reclassify jewellery mountings and medallions and expand permitted exporters' inputs under tariff notifications.
The notification amends four customs exemption notifications to reclassify mountings used in studded jewellery and add gold/silver/platinum medallions and coins to the TABLEs, revise the Explanation to include Mangal Sutra and jewellery studded with imitation, cubic zirconia and semi precious stones subject to a per gram value proviso, delete the word "plain" from specified ANNEXURE entries, and expand ANNEXURE I and II with an extensive list of additional exempted inputs and tools for exporters of gems, jewellery and cut and polished diamonds.
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