Private / Public Bonded Warehouses for Diamonds / Coloured Gemstones under paragraph 8.13 of Exim Policy 1997-2002 - Clarification - regarding

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.... New Delhi Subject : Private / Public Bonded Warehouses for Diamonds / Coloured Gemstones under paragraph 8.13 of Exim Policy 1997-2002 - Clarification - regarding. I am directed to refer to Board's Circular No. 47/99-Cus., dated the 27th July, 1999 issued from F.No. 305/60/98-FTT on the above subject. 2. After issued of the said circular, References have been received, both from trad....

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....iven in the Paragraph 8.14 of Handbook of Procedure, Vol.I, 1997-2002 and where the value of import under the provision of Paid 8.13 of EXIM policy does not exceed two times of FOB value of exports of Cut & Polished Diamond, made during the preceding licensing year. (c) Overseas companies with the branch office in India having an average annual export turnover of not less than Rs. 150 cro....