Clarification regarding import of Gems,Precious Stones,Semi-precious Stones etc. against Rep Licences and Gem Rep Licences issued under para 8.2 and 8.38 of Exim Policy 1997-2002 respectively under notification No. 60/2002-Cus, dated 7.6.2002- Reg

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....ndia Ministry of Finance Department of Revenue (Central Board of Excise and Customs) 9^th August, 2002. Subject : Clarification regarding import of Gems, Precious Stones, Semi-precious Stones etc. against Rep Licences and Gem Rep Licences issued under para 8.2 and 8.38 of Exim Policy 1997-2002 respectively under notification No. 60/2002-Cus, dated 7.6.2002- Reg,  I am d....

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....ods under notification 60/2002-Cus. against licences issued under and in accordance with paragraphs 8.2 and 8.38 of the previous Exim Policy. 3. The matter has been examined. It is seen that the provisions relating to Gem & Jewellery contained exclusively in Chapter 8 of the preceding Exim Policy 1997-2002 have been shifted to Chapter 4 of the new Exim Policy 2002-2007. So far as import under t....