Permission for Designated Diamond Dollar Accounts allows eligible diamond and jewellery firms to transact through DDAs. Firms dealing in rough or cut and polished diamonds, coloured gemstones, and precious metal jewellery may carry out business through Designated Diamond Dollar Accounts (DDA) if they have at least a two year import/export track record in diamonds, coloured gemstones or related jewellery and meet the prescribed average annual turnover requirement during the preceding three licensing years.
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.
Permission for Designated Diamond Dollar Accounts allows eligible diamond and jewellery firms to transact through DDAs.
Firms dealing in rough or cut and polished diamonds, coloured gemstones, and precious metal jewellery may carry out business through Designated Diamond Dollar Accounts (DDA) if they have at least a two year import/export track record in diamonds, coloured gemstones or related jewellery and meet the prescribed average annual turnover requirement during the preceding three licensing years.
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