Department of Commerce introduces Diamond Imprest Authorization Scheme to boost global competitiveness of diamond sector https://www.taxtmi.com/news?id=30982 The Diamond Imprest Authorization Scheme permits duty-free import of Natural Cut and Polished Diamonds below 1/4 carat subject to a mandatory export obligation requiring 10% value addition; it applies from 01.04.2025 and is available to exporters holding Two Star Export House status and above who meet the stated export performance criterion. en-us Tue, 21 Jan 2025 18:24:32 +0530 Tue, 21 Jan 2025 18:24:32 +0530 TaxTMI RSS Generator Department of Commerce introduces Diamond Imprest Authorization Scheme to boost global competitiveness of diamond sector https://www.taxtmi.com/news?id=30982 The Diamond Imprest Authorization Scheme permits duty-free import of Natural Cut and Polished Diamonds below 1/4 carat subject to a mandatory export obligation requiring 10% value addition; it applies from 01.04.2025 and is available to exporters holding Two Star Export House status and above who meet the stated export performance criterion. News - Tue, 21 Jan 2025 18:24:32 +0530 https://www.taxtmi.com/news?id=30982