Gem and Jewellery Goods for Job Works Outside SEZ Must Return within 45 Days

[Department of Commerce Notification dated 31 January 2019]

G.S.R. 95(E).—In exercise of the powers conferred by section 55 of the Special Economic Zones Act, 2005 (28 of 2005), the Central Government hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:—

1. Short title and commencement. - (1) These rules may be called the Special Economic Zones (Amendment) Rules, 2019.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Special Economic Zones Rules, 2006, in rule 42, in sub-rule (1), in clause (ii), in sub-clause (h), after the proviso, the following proviso shall be inserted, namely:—

“Provided further that in case of a gems and jewellery unit, studded gold jewellery, silver jewellery and imitation jewellery, the finished goods requiring further processing or semi-finished goods, taken outside the Special Economic Zone for sub-contracting by the unit, shall be brought back into the unit within forty-five days.”.

[F.No. C-2/1/2018-SEZ]