Eximkey India DGFT, Customs, Excise, Export Import policy, Foreign Trade Policy and export import data.

DGFT Foreign Trade Policy Exim Policy (upto 31/03/2001) 8.10

8.10

Bulk Licences for Rough Diamond

Bulk licences for rough diamonds are issued for import of rough diamonds from any source, with an obligation to supply such diamonds to the holder of valid REP/Diamond Imprest Licence, EOU/EPZ/SEZ units or to re- export the same. The supply/export of such rough diamonds shall be completed within a period of 12 months from the date of issuance of licence or within a period of three months from the date of import, whichever is later.

(Second sentence of this para has been amended vide Ntf.No. 09/(RE-98), Dt.16/7/98)

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