From 1st December 2024, new regulations will require mandatory additional qualifiers in import and export declarations for synthetic or reconstructed diamonds. This follows previous advice to voluntarily declare detailed information to improve assessment efficiency. Importers and exporters must now ensure full compliance with these updated requirements.
Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes Customs)
North Block, New Delhi.Dated:30th October, 2024
ToAll Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive).All Principal Chief Commissioners/Chief Commissioners of Cus
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FAQ :
From 1st December 2024, additional qualifiers will be mandatory in import and export declarations for synthetic or reconstructed diamonds.
The new rules will come into effect from 1st December 2024.
The change affects synthetic or reconstructed diamonds.
Previously, importers were advised to voluntarily declare complete descriptions and additional qualifiers like scientific or IUPAC names to improve assessment efficiency.
Guest
Notification No : No.21/2024Published in Custom
Source : https://taxinformation.cbic.gov.in/view-pdf/1003245/ENG/Circulars