7.21.3

Sub-contracting by SEZ gems and jewellery units through units in other SEZ or EOUs or units in DTA shall be subject to following conditions:-

(a) Goods, finished or semi-finished, including studded jewellery, taken outside the zone for sub- contracting shall be brought back to the unit within 90 days.

(b) No cut and polished diamonds, precious and semi-precious stones (except precious/semi-precious stones and synthetic stones having zero duty) shall be allowed to be taken outside the zone for sub-contracting.

(c) Receive plain gold/silver/platinum jewellery from DTA/EOU/SEZ units in exchange of equivalent quantity of gold/silver/ platinum and the wastage thereon as may be notified, as the case may be, contained in the said jewellery.

(d) SEZ units shall be eligible for wastage as applicable for sub-contracting and against exchange