Subject: Amendment in policy conditions governing import and export in rough diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and Schedule(ll) of ITC(HS) 2018- reg.
In exercise of powers conferred by Section 3 read with Section 5 of the FT(D&R) Act, 1992 and paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby revises the policy conditions governing import and export of rough diamonds falling under Chapter-71 of Schedule (I) of ITC(HS) 2017 and Schedule(ll) of ITC(HS) 2018 as under -
2. 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).
3. Further, a Policy Condition No.01 is inserted in the Chapter-71 of Schedule-ll (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.
(Amit Yadav)
Director General of Foreign Trade &
Ex-officio Additional Secretary to the Government of India
[Issued from File No. 01/89/180/36/AM-11/PC-2(A)/Part-ll/E-1717]