Gem and Jewellery - Imports of special items for export - Amendment to Notification Nos. 3/88-Cus, 277/90-Cus., and 177/94-Cus. - 76/97 - Customs -Tariff
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Clearance of plain jewellery into domestic tariff area allowed with special import licence and EEFC-based duty payment conditions. Amendments authorize clearance of plain jewellery into the Domestic Tariff Area up to ten percent of the preceding year's export value where the recipient furnishes a freely transferable Special Import Licence and pays applicable duties from an EEFC account of the recipient or the EOU/EPZ unit; they also permit re-export of imported goods and export of domestically procured goods including items from partial processing, and permit supply of unsuitable rough diamonds and precious stones up to five percent of value to REP/Diamond Imprest Licence holders on payment of appropriate duty.
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.
Clearance of plain jewellery into domestic tariff area allowed with special import licence and EEFC-based duty payment conditions.
Amendments authorize clearance of plain jewellery into the Domestic Tariff Area up to ten percent of the preceding year's export value where the recipient furnishes a freely transferable Special Import Licence and pays applicable duties from an EEFC account of the recipient or the EOU/EPZ unit; they also permit re-export of imported goods and export of domestically procured goods including items from partial processing, and permit supply of unsuitable rough diamonds and precious stones up to five percent of value to REP/Diamond Imprest Licence holders on payment of appropriate duty.
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