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DGFT Foreign Trade Policy Foreign Trade Policy (wef 05/12/2017) 4.49(A)

Private / Public Bonded Warehouse

4.49(A)

Import, auction/sale and re-export of rough diamonds by entities, as notified vide RBI Notification 116 of 1st April, 2014, as amended from time to time, on consignment or outright basis, will be permitted in Special Notified Zone (SNZ) administered by the operator of SNZ, under supervision of Customs. The procedure of import, auction/ sale and reexport of rough diamonds (unsold) would be as specified by CBEC.

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