Setting up Private/Public bonded warehouse for diamonds and gemstones for import and re-export therefrom-reg.

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....;                                                                  &nb....

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....ms stones, uncut & unset precious & semi precious gemstones, subject to achievement of minimum value addition of 5% under paragraph 4A.18 of the Foreign Trade Policy 2004-09. This scheme has now been deleted from the Foreign Trade Policy 2009-14 announced on 27.08.2009 by DGFT. 2. The erstwhile scheme (para 4A.18 of FTP 2004-09) was in operation vide Board's circular No. 28/98-Cus. dated 24.04.....

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....emstones may be deemed as dutiable goods for the purpose of regulatory control and the procedure of ex-bonding of dutiable goods shall be followed. However, bonding of these goods shall not be allowed in the existing warehouses. 6. Wide publicity may please be given to these instructions by way of issuance of Public/Trade Notice. Suitable Standing orders/instruction may be issued for guidance o....