Exemption for gold imports extended to designated agency imports for supply to export-zone jewellery units, subject to procedural compliance. Amendment restricts the exemption to goods 'when imported into India by the gem and jewellery units' and adds that the exemption also applies to gold under Heading No. 71.08 imported by designated trading and banking agencies for supply to gem and jewellery units in Export Processing Zones and specified export-oriented undertakings, provided that where gold is imported on behalf of a jewellery unit the unit follows procedures specified by the Collector of Customs and complies with the conditions in paragraph 1 of the notification.
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.
Exemption for gold imports extended to designated agency imports for supply to export-zone jewellery units, subject to procedural compliance.
Amendment restricts the exemption to goods "when imported into India by the gem and jewellery units" and adds that the exemption also applies to gold under Heading No. 71.08 imported by designated trading and banking agencies for supply to gem and jewellery units in Export Processing Zones and specified export-oriented undertakings, provided that where gold is imported on behalf of a jewellery unit the unit follows procedures specified by the Collector of Customs and complies with the conditions in paragraph 1 of the notification.
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