Customs exemption for Zone-manufactured gold and jewellery enables mint conversion and duty-free airport retail sales to tourists. The Government amends a customs exemption notification to permit scrap, dust or sweepings of gold from manufacturing to be forwarded to the Government Mint for conversion into standard gold bars and return to the Zone under Collector-specified procedure, and inserts a condition allowing gem and jewellery manufactured in the Zone to be supplied to retail outlets in departure lounges at specified international airports for sale to tourists under the Import and Export Policy and Collector-prescribed procedure.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for Zone-manufactured gold and jewellery enables mint conversion and duty-free airport retail sales to tourists.
The Government amends a customs exemption notification to permit scrap, dust or sweepings of gold from manufacturing to be forwarded to the Government Mint for conversion into standard gold bars and return to the Zone under Collector-specified procedure, and inserts a condition allowing gem and jewellery manufactured in the Zone to be supplied to retail outlets in departure lounges at specified international airports for sale to tourists under the Import and Export Policy and Collector-prescribed procedure.
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