Rough Diamonds Import and
Export Allowed only to Units Registered with Gems & Jewellery
EPC
·
Another Barrier to Duty Free Import
for Export Production – Artificial Push to De Beers Controlled Kimberley
Process Certification
[DGFT
Notification No. 43/2015-2020 dated 22 November, 2021]
Effect of this Notification: Import or export of
rough diamonds shall not be permitted unless the concerned importer and
exporter is registered with G&JEPC.
Subject: Amendment in policy conditions governing import
and export in rough diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and Schedule(II) of ITC(HS) 2018.
In exercise of powers conferred by
Section 3 read with Section 5 of the FT(D&R) Act, 1992 and paragraph 1.02 and
2.01 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central
Government hereby revises the policy conditions governing import and export of
rough diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and
Schedule(ll) of ITC(HS) 2018 as under -
2. Policy condition
No.05 is inserted under chapter-71 of Schedule-I
(Import Policy) of ITC (HS) 2017, as under:
Import of rough
diamonds shall not be permitted unless the concerned importer is registered
with Gems & Jewellery EPC, which is the
designated importing and exporting authority of India for Kimberley Process
Certification Scheme (KPCS).
3. Further, a Policy Condition
No.01 is inserted in the Chapter-71
of Schedule-II (Export Policy) of ITC(HS) 2018, as under:
Export of rough
diamonds shall not be permitted unless the concerned exporter is registered
with Gems & Jewellery EPC, which is the
designated importing and exporting authority of India for Kimberley Process
Certification Scheme (KPCS).
[Issued
from File No. 01/89/180/36/AM-11/PC-2(A)/Part-II/E-1717]