High Court Upholds Decision: Diamonds Re-export Allowed with Penalty for Lack of Kimberly Process Certificate Compliance.

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....Permission for re-export of imported diamonds on paying the penalty and redemption fine - Import of rough diamonds without KP (Kimberly Process) certificate - The Circular, which permit import of rough diamonds, mandates confiscation on violation of conditions. - There are no reason to interfere with the judgment of the learned Single Judge - HC....