Prescribes rate of custom duty in Respect of diamonds, Platinum, Gold and Silver.

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....o. 01 /2012-Customs New Delhi, the 16th January, 2012 G.S.R. 22(E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance....

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....4) (5) (6) "189 7110.11 or 7110 19 00 Platinum 2% -   -"; (iii)             for S. No. 422 and the entries relating thereto, the following shall be substituted, namely:- (1) (2) (3) (4) (5) (6) "422 71 Diamonds including lab grown diamonds- semi-processed, half-cut or broken. ....

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....ich they were produced and each bar has a weight of 5 kg. or above; (b) the goods are imported in accordance with the packing list issued by the mining company by whom they were produced; (c) the importer produces before the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, an assay certificate issued by the mining company or the laboratory attached....