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of <h1>New Regulations for Re-import of Jewellery via E-commerce: Filing Requirements and Value Limits under Customs Act 1962.</h1> The Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022, issued by the Ministry of Finance, amends the 2010 regulations under the Customs Act, 1962. It introduces provisions for the re-import of jewellery, including precious and semi-precious stones, gold, silver, and imitation jewellery, exported via courier through e-commerce platforms. The regulations specify conditions such as filing requirements, value limits, and reconciliation processes for re-imports. E-commerce transactions must be initiated by the original consignee, and detailed specifications of the jewellery must be provided. The amendments also define e-commerce and outline the necessary documentation and procedural requirements for compliance.
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