IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2013 | Removal date: 30 Jun 2014
Still in force

Import-related non-tariff measure, nes

 On 1 March 2013, the Indian Ministry of Finance relaxed the conditions for re-import of cut and polished diamonds that are exported for certification/grading by labarotories/agencies. Earlier, these diamonds were required to match the exported diamonds in value, height, circumference and weight; this was relaxed and a variance of +- 0.1 mm in height and circumference and +- 0.1 % in weight was allowed.
In July 2014, a further intervention tightened the conditions for the re-import of diamonds again (see related measure)

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

163 Precious & semi-precious stones; natural abrasives; other minerals
7102 Diamonds, whether or not worked, but not mounted or set.
710210 Unsorted
710231 Unworked or simply sawn, cleaved or bruted
382 Jewellery & related articles
7102 Diamonds, whether or not worked, but not mounted or set.
710239 Other

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