Export of Cut & Polished Diamonds for Certification/ Grading

4A.2

Gem and Jewellery exporters may be permitted to send cut & polished diamonds each weighing 0.25 of a carat and above for certification/grading to Indian Diamond Institute, Surat, Gujarat. In addition, Gem and Jewellery exporters with a track record of at least three years and having an annual average turnover of Rs.5 crores and above during the preceding three licensing years or the authorized offices /agencies in India of Gemological Institute of America (GIA), The Robert Mouawad Campus, International Gemological Institute (IGI) and European Gemological Laboratory (EGL) in USA, Hoge Road Voor Diamond, Antwerp, (HRD), World Diamond Centre of Diamonds High Council, Antwerp, Belgium, Central Gem Laboratory, Miyagi Building, 5-15-14 Ueno Taito-Ku, Tokyo, Japan and American Gem Society Laboratories (AGS Laboratories), 8917 West Sahara Avenue, Las Vegas, Nevada 89117 [OLD- Central Gem Laboratory, Miyagi Building, 5-15-14 Ueno Taito-Ku, Tokyo, Japan ] may also be permitted to export cut & polished diamonds each weighing 0.25 of a carat and above to the said laboratories/agencies for the purpose of certification/grading reports by them with a condition that the same should be re-imported with the certificate/grading reports issued by them without any import duty at the time of re-import.

(In above para, the words, "Central Gem Laboratory, Miyagi Building, 5-15-14 Ueno Taito-Ku, Tokyo, Japan and American Gem Society Laboratories (AGS Laboratories), 8917 West Sahara Avenue, Las Vegas, Nevada 89117" has been substituted vide NTF. NO. 14/2005, DT. 08/07/2005)