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of <h1>Amendments to Customs Notifications: Gems & Jewellery Scheme Updated for Compliance with Foreign Trade Policy 2009-2014</h1> The notification amends various customs notifications related to the Gems & Jewellery scheme under the Customs Act, 1962. It updates definitions and clauses concerning the Foreign Trade Policy (2009-2014) and the Handbook of Procedures. It specifies changes to the roles and definitions of nominated agencies, including entities like MMTC and Diamond India Limited. The amendments also address procedural updates for import and export under the scheme, including conditions for exhibitions and duty exemptions. These changes aim to align with the updated Foreign Trade Policy and ensure compliance with current trade regulations.
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