Diamond Credit Pass Book Scheme
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....been framed by the Government for import of rough diamonds and export of cut & polished diamonds in terms of Para 79 A of the exim policy. Appendix-I of the policy provides for import of special industrial adhesives etc. to facilitate the export of cut & polished diamonds. Accordingly Notification No. 79/96-Cus. dated 8.10.96 has been issued providing for exemption from duty on special industrial ....
TaxTMI