Circular No.35/2009-Cus

 

F. No. DGEP/G&J/100/2009

DIRECTORATE GENERAL OF EXPORT PROMOTION

Deptt. of Revenue, Ministry of Finance, Govt. of India

First Floor, Hotel Janpath, New Delhi – 110001

Tel: -23344616, 23344622, Fax: - 011-23344624/630

 

New Delhi, the 29th December, 2009

 

 

Sub: Application of Kimberley Process Certification Scheme (KPCS) to Semi- cut diamonds- reg.

 

Attention is drawn to Circular No. 53/2003-Cus dated 23rd June, 2003 issued under F.No.314/33/2002-FTT laying down procedure for implementing Kimberley Process Certification Scheme (KPCS) for certification of rough diamonds.

 

2. ‘Kimberley Process Certification Scheme Secretariat, Namibia’ has now clarified vide a press release dated 30 November 2009 (copy enclosed) that “polishing a single or a few small facets will not transform rough diamonds into polished diamonds and make these fall off the KPCS radar and that semi-cut diamonds and their import or export remains subject to the requirements of the KPCS”.

 

3. Therefore, semi-cut diamonds should be subjected to the requirement of production of certificate under the KPCS.

 

4. Wide publicity may please be given to these instructions by way of issuance of Trade/Public Notice. Difficulties, if any, in implementation of these instructions, may be brought to the notice of the Directorate General of Export Promotion, New Delhi.

 

5. Receipt of this circular may kindly be acknowledged.

Encls: As above (2 pages)

(Praveen Mahajan)

Director General (EP)

What We Do

Our Services

Direct Taxes

All areas of taxation : Personal Tax, Corporate Tax. | Suggesting legal structure of business entities. | Transactional advisory - optimal deal structure | T

Indirect Taxes

Advising client on establishment of indirect tax management system, in all areas i.e. GST Audit, Customs, Foreign Trade P

Auditing and Assurance Service

We are blessed with team of qualified chartered accountants highly efficient in auditing and assurance services. Our wide range of services are aimed for financial sta

Accounting Services

We offer highly efficient accounting services which are provided by us for our local, national and international clients. We also offer design, implementation and revi

Societies and Trust Consultanc

We are engaged in providing societies and trust consultancy to our clients. Our wide range of services include formation, registration U/s

Company Law Matters Consultanc

Every company according to the India law need to register with the registrar of companies and it is also necessary with documents for vari

CONSULTATION

Client Login

CONSULTATION

ASK A QUERY

verification image, type it in the box Refresh Captcha