Special Notified Zone (SNZ) for Rough Diamond Imports at Surat Diamond Bourse


Quick Summary
The Indian government has approved the relocation of the Special Notified Zone (SNZ) for rough diamond imports. This new SNZ is now situated at the Surat Diamond Bourse, specifically on the 2nd Floor, Tower-B, in Khajod, Surat. The zone is operated by the Surat International Diatrade Centre (SIDC) and aims to streamline the process for eligible foreign mining companies to import rough diamonds for viewing, tendering, and sale to Indian manufacturers, with provisions for re-exporting unsold items.

Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes & Customs
******

New Delhi, the 28th September, 2026

To,All Principal Chief Commissioners/Chief Commissioners
All Principal Directors Generals/Directors Generals
All Principal Commissioners/Commissioners of Customs

Madam/Sir,

Subject:Establishment of a Special Notified Zone (SNZ) at Surat InternationalDiatrade Centre (SIDC), 2nd Floor, Tower-B, Surat Diamond Bourse, Khajod,Surat – regarding.

The   Gems   &   Jewellery   Export   Promotion   Council   (GJEPC),   through   its   wholly   ownedsubsidiary Surat International Diatrade Centre (SIDC), a company registered under Section 8of the Companies Act, 2013, is operating a Special Notified Zone (SNZ) operated by SIDC atGujarat Hira Bourse (GHB), Ichhapore, Surat intended to facilitate import of rough diamondsby eligible foreign mining companies for viewing, tendering/auction/sale to Indian diamondmanufacturers and traders and re-export of the unsold lots.

The GJEPC has submitted a proposal shifting of the said Special Notified Zone (SNZ) from Gujarat Hira Bourse (GHB), Ichhapore, Surat to their premises situated at 2nd Floor, Tower B,Surat Diamond Bourse (SDB), Dream City, Khajod, Surat. SIDC. The proposal has beenrecommended by the Chief Commissioner of Customs, Gujarat Zone, Ahmedabad vide letterdated 14.08.2026, on the basis of the proposal furnished by the Commissioner of Customs,Ahmedabad vide letter dated 13.08.2026.

2.The matter has been examined.

2.1 Vide Notification No. 74/2023-Customs (N.T.) dated 06.10.2023, as amended VillageKhajod, Taluka Majura, District Surat is already notified for unloading of importedgoods and loading of export goods under Section 7 of the Customs Act, 1962, for thegoods namely ‘diamonds, precious and semi-precious stones, pearls, jewellery madeof gold or any other precious metal, with or without studding, industrial diamondsincluding powders, both natural and synthetic, and synthetic stones’. Diamond Club,Surat Diamond Bourse, Plot No. 177/P, Dream City, Village Khajod, Taluka Majura,District Surat having a multi-storeyed building, the upper basement of which buildingis already notified under Section 8 of the Customs Act, 1962 by the Commissioner ofCustoms,   Ahmedabad. The  shifting  of  SNZ  is now  being  proposed in the   same building at 2nd floor, Tower-B, Surat Diamond Bourse, Dream City, Village-Khajod,Taluka-Majura, District-Surat.

FAQ :

The SNZ is established to facilitate the import of rough diamonds by eligible foreign mining companies for viewing, tendering, auction, or sale to Indian diamond manufacturers and traders, and for the re-export of unsold lots.

The new SNZ is located at the Surat Diamond Bourse, specifically on the 2nd Floor, Tower-B, Dream City, Village Khajod, Taluka Majura, District Surat.

The SNZ is operated by the Surat International Diatrade Centre (SIDC), a wholly-owned subsidiary of the Gems & Jewellery Export Promotion Council (GJEPC).

The area is notified for the unloading of imported goods and loading of export goods, including diamonds, precious and semi-precious stones, pearls, jewellery, and industrial diamonds (both natural and synthetic).

Yes, the SNZ has been shifted from Gujarat Hira Bourse (GHB) to the Surat Diamond Bourse.

 
Notification No : 4/2026-Customs
Source : https://taxinformation.cbic.gov.in/view-pdf/1003346/ENG/Circulars



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