https://www.taxtmi.com/circulars?id=7833 Setting up bonded warehouse facilities for import and re-export of diamonds and gemstones is disallowed following deletion of the scheme from the Foreign Trade Policy; no new bonded warehouse licences for these goods may be granted and prior authorisation is withdrawn. A three-month transitory period requires existing warehouses to surrender bonding licences, treats diamonds and gemstones as dutiable for regulatory control with ex-bonding procedures to apply, and prohibits fresh bonding in existing warehouses. en-us Tue, 24 Nov 2009 00:00:00 +0530 Sat, 28 Nov 2009 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7833 Setting up bonded warehouse facilities for import and re-export of diamonds and gemstones is disallowed following deletion of the scheme from the Foreign Trade Policy; no new bonded warehouse licences for these goods may be granted and prior authorisation is withdrawn. A three-month transitory period requires existing warehouses to surrender bonding licences, treats diamonds and gemstones as dutiable for regulatory control with ex-bonding procedures to apply, and prohibits fresh bonding in existing warehouses. Circulars Customs Tue, 24 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7833