Private / Public Bonded Warehouses for Diamonds / Coloured Gemstones under paragraph 8.13 of Exim Policy 1997-2002 - Clarification - regarding

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..... houses for Diamonds / Coloured Gemstones under paragraph 8.13 of Exim Policy 1997-2002 - Clarification - regarding. I am directed to refer to Board's Circular No. 47/99-Cus., dated the 27th July, 1999 issued from F.No. 305/60/98-FTT on the above subject. 2. After issued of the said circular, References have been received, both from trade and the Ministry of Commerce, on the issue of furnishin .....

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..... here the value of import under the provision of Paid 8.13 of EXIM policy does not exceed two times of FOB value of exports of Cut & Polished Diamond, made during the preceding licensing year. (c) Overseas companies with the branch office in India having an average annual export turnover of not less than Rs. 150 crores in the preceeding three licensing year.For the aforesaid three categories of e .....

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