GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO.25 (RE-2013)/ 2009-2014
NEW DELHI, DATED The 3rd July, 2013
In exercise of powers conferred by Section 5 of the Foreign Trade (Development &
Regulation) Act, 1992 (No.22 of 1992) read with paragraph 1.2 of the Foreign
Trade Policy, 2009-2014, the Central Government hereby notifies the following
amendments in the Foreign Trade Policy(FTP) 2009-2014.
Para 4A.2.1 and Para 4A.2.2 of FTP are being amended to allow reduction in size
of diamond from ‘0.25 carat and above’ to ‘0.10 carat and above’ for
certification by authorised laboratories in India and abroad (and re-import duty
free in case of export after certification). After amendment the opening portion
of the amended paras 4A.2.1 & 4A.2.2 would read as under:-
“4A.2.1 Following are authorised laboratories for certification/grading of
diamonds of 0.10 carat and above:.........”
“4A.2.2 An exporter (with annual export turnover of Rs 5 crores for each of the
last three years) may export cut & polished diamonds (each of 0.10 carat or
above) to any of the above agencies/laboratories with re-import facility at zero
duty within 3 months from the date of export.”
Effect of this Notification: Cut & polished diamonds of 0.10 carat or above can
be exported and thereafter re-imported duty free after certification by authorised laboratories. Earlier this was allowed for diamonds of size 0.25
carat and above only.
(Anup K. Pujari)
Director General of Foreign Trade and
E-mail:[email protected]
(Issued from F. No. 01/94/180/165/AM12/PC-4)