Exemption of Customs Duty.

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..... Exemption of Customs Duty.
News and Press Release
Dated:- 4-5-2012

Press Information Bureau Government of India Ministry of Finance 04-May-2012 16:56 IST Exemption of Customs Duty C .....

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..... ut and polished diamonds sent abroad and re-imported after certification/ grading by the laboratories/ agencies as notified in the Foreign trade Policy have been exempted from two percent basic custom .....

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..... s duty with effect from 9.3.2012. The exemption is a facilitation measure to ensure that the domestic cutting and polishing industry does not suffer additional duty burden owing to the utilization of .....

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..... grading and certification services abroad. This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in the Lok Sabha today. SS//SL
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..... News - Press release - PIB .....

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