https://www.taxtmi.com/article/detailed?id=13431 The Diamond Imprest Authorization (DIA) permits duty free short term import of rough diamonds for domestic cutting, polishing and processing, subject to an Actual User Condition, pre import conditions, port and procedural restrictions, and the discharge of export obligations by physical export of processed natural cut and polished diamonds. DIA holders must meet eligibility criteria, execute a bond and performance bank guarantee, comply with value addition and monitoring requirements, and are subject to audits and penalties for non compliance. en-us Thu, 30 Jan 2025 10:16:14 +0530 Thu, 30 Jan 2025 10:16:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13431 The Diamond Imprest Authorization (DIA) permits duty free short term import of rough diamonds for domestic cutting, polishing and processing, subject to an Actual User Condition, pre import conditions, port and procedural restrictions, and the discharge of export obligations by physical export of processed natural cut and polished diamonds. DIA holders must meet eligibility criteria, execute a bond and performance bank guarantee, comply with value addition and monitoring requirements, and are subject to audits and penalties for non compliance. Articles Customs - Import - Export - SEZ Thu, 30 Jan 2025 10:16:14 +0530 https://www.taxtmi.com/article/detailed?id=13431