IDT Digest for February 23, 2017

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 foreign-trade-policy

  • Notification: Foreign Trade Policy:

Extension of the facility for export and re-import of cut and polished diamond at zero duty

The Directorate General of Foreign Trade vide Notification No. 39/2015-20 dated February 22, 2017 has amended Para 4.44 of Chapter 4 of the Foreign Trade Policy 2015-2020 dealing with ‘Export of Cut & Polished Diamonds with Re-import Facility at Zero Duty’ .

With effect of this amendment, the authorised offices/ agencies in India of laboratories mentioned under paragraph 4.74 of Handbook of Procedures 2015-20 can also avail the facility for export and re-import of cut and polished diamond at zero duty for the purpose of certification and grading.

Read more at: http://dgft.gov.in/Exim/2000/NOT/NOT16/noti3917.pdf