ANNOUNCEMENT 01 Mar 2013

In March 2013, the government of India announced a change in import formalities.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Official Notification No. 11/2013-Customs
http://www.cbec.gov.in/ub1314/cs11-2013.pdf


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)

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AFFECTED PRODUCTS