Clarification on whether import, re-melt, re-make and export of imported finished jewellery is an authorized activity in SEZ.
Instruction No. 37
F.No.C/6/2009-SEZ
Ministry of Commerce and Industry
Department of Commerce
***
Udyog Bhawan, New Delhi
Dated the 7th September, 2009
To
All Development Commissioners
Sub: Clarification on whether import, re-melt, re-make and export of imported finished jewellery is an authorized activity in SEZ.
Sir,
Reference has been received in this department seeking clarification on whether re-melt, re-make and export of imported finished jewellery is an authorized activity in SEZ.
2. In view of the provisions contained in Section 2(r) of SEZ Act, 2005 read with Rule 27(1) of SEZ Rules, it is clarified that import of jewellery and its remaking is an authorised manufacturing activity by an SEZ unit holding letter of approval for manufacturing of jewellery. Further import would include re -import of exported jewellery.
Yours faithfully
(T. Srinidhi)
Director
CAclubindia
