Diamond, Gold and Silver Jewellery Articles Export

    International Gemological Institute (India), Mumbai Notified for Certification/Grading of Diamonds for Import and Re-export with Duty Exemption

    Last Date of Re-export Falls between 1 Feb 2020 and 31 July 2020, the last date extended by Six months

[Notification No. 24/2020 Customs dated 21 May 2020]

Seeks to amend notification No. 56/2000-Customs dated 05.05.2000, No. 57/2000-Customs dated 08.05.2000 and No. 40/2015-Customs dated 21.07.2015 providing for extension of last date of export by six months, for those cases where the last date of export falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.

G.S.R.(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 being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, which shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table, namely:-

Table

S. No.

Notification number and date

Amendments

(1)

(2)

(3)

1.

40/2015-Customs, dated the 21st July, 2015 [G.S.R. 568(E), dated the 21stJuly,2015]

In the said notification, -

(a) in the Table, after serial number 4 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

5. International Gemological Institute (India) Pvt. Ltd, Bandra Kurla Complex, Mumbai.;

(b) in condition (x), the following proviso shall be inserted, namely:-

Provided that for the cases where the last date of re- export falls between the 1st February, 2020 and the 31st July, 2020, the last date stands extended by six months;.

2.

56/2000-Customs dated the 5th May, 2000 [G.S.R 399(E), dated the 5th May, 2000]

In the said notification, after the second proviso, the following proviso shall be inserted, namely:-

Provided also that for the cases where the last date of exports falls between the 1st February, 2020 and the 31st July, 2020, the last date of exports stands extended by six months..

3.

57/2000-Customs dated the 8th May, 2000 [G.S.R. 413(E), dated the 8th May, 2000]

In the said notification, after the second proviso the following proviso shall be inserted, namely:-

Provided also that for the cases where the last date of exports falls between the 1st February, 2020 and the 31st July, 2020, the last date of exports stands extended by six months..

(F. No. DGEP/EOU/08/2020)