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of <h1>Excise Duty Exemption for SEEPZ Gem & Jewellery Exports Rescinded; Domestic Sale Conditions Nullified in 2007.</h1> The notification initially granted an exemption from excise duty for goods brought to gem and jewellery units in the Santa Cruz Electronics Export Processing Zone (SEEPZ) for manufacturing items solely for export. Conditions included authorization for the consignee, direct transport from factories, and restrictions on domestic sales. A limited percentage of plain gold or silver jewellery could enter the domestic market under specific conditions. The notification outlined procedures for duty-free movement, accounting, and re-warehousing of goods. It was rescinded in 2007, nullifying the exemptions and procedures previously established.
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