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of <h1>Government Amends Rules: Allows 10% Plain Jewellery Clearance in Domestic Market, Permits Re-exports and Domestic Goods Export</h1> The Central Government has amended Notifications Nos. 3/88-Cus, 277/90-Cus, and 177/94-Cus concerning the import of special gem and jewellery items for export. The amendments allow units to clear plain jewellery up to 10% of the previous year's export value into the Domestic Tariff Area, provided they furnish a Special Import Licence and pay applicable duties in foreign exchange. Additionally, re-export of imported goods and export of domestically procured goods are permitted, including the supply of unsuitable rough diamonds and precious stones up to 5% of their value, subject to conditions and duties.
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