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NOTIFICATION OF AMENDMENT POLICY CONDITIONS GOVERNING IMPORT AND EXPORT IN ROUGH DIAMOND FALLING UNDER CHAPTER-71 OF SCHEDULE (I) OF ITC (HS) 2017 AND SCHEDULE(II) OF ITC(HS 2018 (DATED – 22.11.2021)
Updated on:22nd Nov, 2021
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). 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). 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. 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). 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). 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.
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