Customs exemption for gold imports extends to supplier imports for gem and jewellery units, subject to Collector procedures and compliance. Amendment narrows the customs exemption to apply 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 specified suppliers for supply to gem and jewellery units in designated export-oriented zones and complexes. If gold is imported on behalf of a jewellery unit, the exemption applies only if the jewellery 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.
Customs exemption for gold imports extends to supplier imports for gem and jewellery units, subject to Collector procedures and compliance.
Amendment narrows the customs exemption to apply 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 specified suppliers for supply to gem and jewellery units in designated export-oriented zones and complexes. If gold is imported on behalf of a jewellery unit, the exemption applies only if the jewellery unit follows procedures specified by the Collector of Customs and complies with the conditions in paragraph 1 of the notification.
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