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    <title>Regarding Exemption for customs duty on cut and polished diamonds imported by specified agencies in FTP</title>
    <link>https://www.taxtmi.com/notifications?id=117972</link>
    <description>Exemption from customs duty and integrated tax is available for cut and polished diamonds imported for grading or certification by specified laboratories and agencies, conditional on furnishing a general bond, detailed bill of entry and shipping bill descriptions with an &quot;only for certification and grading&quot; endorsement, allocation of a unique control number and separate accounts, cross-referencing of import and export documents, submission of a certificate confirming identity of re-exported diamonds, compliance with foreign exchange realisation/waiver procedures, allowance of Customs audits, quarterly reporting, and re-export within the prescribed time limit from the port of import.</description>
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    <pubDate>Tue, 21 Jul 2015 00:00:00 +0530</pubDate>
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      <title>Regarding Exemption for customs duty on cut and polished diamonds imported by specified agencies in FTP</title>
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      <description>Exemption from customs duty and integrated tax is available for cut and polished diamonds imported for grading or certification by specified laboratories and agencies, conditional on furnishing a general bond, detailed bill of entry and shipping bill descriptions with an &quot;only for certification and grading&quot; endorsement, allocation of a unique control number and separate accounts, cross-referencing of import and export documents, submission of a certificate confirming identity of re-exported diamonds, compliance with foreign exchange realisation/waiver procedures, allowance of Customs audits, quarterly reporting, and re-export within the prescribed time limit from the port of import.</description>
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      <pubDate>Tue, 21 Jul 2015 00:00:00 +0530</pubDate>
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