https://www.taxtmi.com/circulars?id=7727 Import for certification and grading of diamonds is permitted only to authorised GIA offices subject to a general bond at the port, detailed bill of entry endorsed "only for certification and grading", assignment of a unique control number and separate accounting. Re-export must be effected under a shipping bill with cross reference to the bill of entry and accompanied by a GIA certificate confirming identity. GR waiver and RBI compliance for foreign exchange realisation are required, customs may carry out surprise audits, re export must occur within the prescribed period, quarterly statements must be filed, and re export is allowed only from the port of import. en-us Thu, 22 Oct 2009 00:00:00 +0530 Fri, 23 Oct 2009 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7727 Import for certification and grading of diamonds is permitted only to authorised GIA offices subject to a general bond at the port, detailed bill of entry endorsed "only for certification and grading", assignment of a unique control number and separate accounting. Re-export must be effected under a shipping bill with cross reference to the bill of entry and accompanied by a GIA certificate confirming identity. GR waiver and RBI compliance for foreign exchange realisation are required, customs may carry out surprise audits, re export must occur within the prescribed period, quarterly statements must be filed, and re export is allowed only from the port of import. Circulars Customs Thu, 22 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7727