EOUs/ EPZ Units - Rough Diamonds re-export upto 5% of import of indigenous procurement permitted

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..... rt of rough diamonds under under Pare 8.32 of EXIM Policy. The revised EXIM Policy 1997- 2002 in Para 8.32 provides for re-export / supply of dead stock or broken stones/ rough diamonds upto 5% of the value of import / indigenously procured such items by holders, (who are EOU/ EPZ units) of valid Replenishment / Diamond Imprest Licence. This means the units who had imported these goo .....

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..... t is seen that rough diamond by itself is not covered in the restricted or prohibited items of export. As such, rough diamonds are freely exportable. Thus a holder of REP/ Diamond Imprest Licence would be eligible to export upto 5% of the value of the imported or indigenously procured rough diamond by him, if he has got a permission from the Development Commissioner of the EOU/ EPZ units concerned .....

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