Cut & Polished Diamonds Re-import after Certification/Grading

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o. 64/2002-Cus.., dated 24-6-2002 and No. 67/2004-Cus., dated 9-7-2004; No.87/2004-Cus., dated 6-9-2004; No. 50/2005-Cus., dated 20-5-2005; No.83/2005-Cus., dated 15-9-2005 and No. 21/2006-Cus., dated 28-2-2006 ,No. 44/2006-Cus., dated 17-5-2006 and 76/2007-Cus., dated 6/6/2007]. In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Cent....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....; (ii) Each piece of cut & polished diamonds so re-imported shall not be less than 0.25 of a carat in weight. (iii) Cut and polished diamonds shall be re-imported within a period of three months from the date of exportation. (iv)  Cut and polished diamonds shall be allowed to be re-imported only on production of certification/grading report from the following laborator....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Cut and polished diamonds so re-imported shall match with corresponding diamonds mentioned in the invoice at the time of exportation in terms of value, height, circumference and weight. 2. Notwithstanding anything contained herein above, the exemption contained in this notification shall also be applicable, if the exportation and re-importation of cut and polished diamonds as stated above are ....