Time-bound return obligation for semi-finished goods in gems and jewellery units: subcontracted studding materials must be returned within prescribed period. The 2022 amendments to the Special Economic Zones Rules substitute provisos in rule 41(1)(a) and rule 42(1)(ii)(h) to require gems and jewellery units to return semi finished goods, precious metals and other raw material (excluding diamonds, precious and semi precious stones and lab grown diamonds) brought out of the Special Economic Zone for subcontracting of studding back into the unit within a prescribed short period; the amendments come into force on Gazette publication under section 55 of the SEZ Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Time-bound return obligation for semi-finished goods in gems and jewellery units: subcontracted studding materials must be returned within prescribed period.
The 2022 amendments to the Special Economic Zones Rules substitute provisos in rule 41(1)(a) and rule 42(1)(ii)(h) to require gems and jewellery units to return semi finished goods, precious metals and other raw material (excluding diamonds, precious and semi precious stones and lab grown diamonds) brought out of the Special Economic Zone for subcontracting of studding back into the unit within a prescribed short period; the amendments come into force on Gazette publication under section 55 of the SEZ Act.
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