Customs exemption for re-imported certified diamonds when exporter, weight, timeframe and approved-lab conditions are satisfied. Cut and polished diamonds re-imported after certification/grading are exempt from the whole of customs duty if re-imported by gems and jewellery exporters meeting a three-year track record and specified turnover, each diamond is at least 0.25 carat, re-importation occurs within three months of export, certification is produced from the listed laboratories/agencies, and the re-imported stones match the exported items in value, dimensions and weight; the exemption also applies when authorised offices or agents of those laboratories perform the export/re-import on behalf of exporters.
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.
Customs exemption for re-imported certified diamonds when exporter, weight, timeframe and approved-lab conditions are satisfied.
Cut and polished diamonds re-imported after certification/grading are exempt from the whole of customs duty if re-imported by gems and jewellery exporters meeting a three-year track record and specified turnover, each diamond is at least 0.25 carat, re-importation occurs within three months of export, certification is produced from the listed laboratories/agencies, and the re-imported stones match the exported items in value, dimensions and weight; the exemption also applies when authorised offices or agents of those laboratories perform the export/re-import on behalf of exporters.
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