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Amendment in policy conditions governing inport and export in rouugh diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and Schedule (II) of ITC (HS) 2018-reg.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi-110011
Notification No.43/2015-2020
New Delhi, Dated 22nd November,2021
Subject: Amendment in policy conditions governing inport and export in rouugh diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and Schedule (II) of ITC (HS) 2018-reg.
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 hapter-71 of Schedule (I) of ITC (HS) 2017 and Schedule (II) of ITC(HC) 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 designed importing and exporting authority of india for Kimberley Process Certification Scheme (KPCS).
3. Further a policy Condition No.01 is inserted int eh 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).
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.
[Issued from File No. 01/89/180/36/AM-11/PC-2(A)/Part-II/E-1717]
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