Diamond imports under DIA now exempt from integrated tax and compensation cess; customs duty exemptions retained. The revised Paragraph 4.63 of the Foreign Trade Policy, 2023 continues to exempt imports under Diamond Imprest Authorisation from Basic Customs Duty, Additional Customs Duty, Education Cess, Anti-dumping Duty, Countervailing Duty, Safeguard Duty and Transition Product Specific Safeguard Duty, and additionally exempts such imports from the whole of the Integrated Tax and Compensation Cess leviable under sub-section (7) and sub-section (9) respectively of section 3 of the Customs Tariff Act, 1975.